The market has become quite narrow as a handful of stocks take the indices to higher highs.
Why a breakout should look like a breakout.
Small-caps and momentum names are down, but not so much as to predict a rally.
The battleground of 1150, which is the 50-day moving average line on the index, is more important than the S&P 500 action.
The S&P 500 makes a significant drop, and a lot of Nasdaq stocks make new lows.
The market is gapping up in recent mornings, then drifting.
The small-cap index appears to be setting up an oversold rally.
A lot of charts look like oversold bounces that can't be bought.
We are pleased to announce the upcoming release of a new and improved Top Stocks website!
There has been quite a change in the market in the last few weeks.