S&P Hits Record, but Breadth Hits Historic Low
Today was truly rare. An all-time high for the S&P 500, but only 12 stocks in the index made a 52-week high. Since 1999, we've only seen five readings that weak or worse https://t.co/tSKV0sCpsn
Airbnb Must Surpass $139 to Break Its Base.
Airbnb continues to set up well. Above $139 would break the stock out of this year-long base https://t.co/NigdCHxmEo
GUNR Stalls at $56 Resistance, Indicators Weakening
GUNR is looking tired here. Finding resistance at $56, moving averages starting to flatten and RSI trending in the opposite direction https://t.co/2tyAABjBC1
Tech Rallies 4%+; XLK Hits First Death Cross
Technology led the way higher with a more than 4% gain for the second-straight week. But XLK couldn't avoid a death cross, its first since March 2025 https://t.co/gGrsYGe9od
Communication Services Hit Record Oversold Level Since 2021
Communication services didn't get this oversold during the Covid crash or last April. In fact, today's record oversold reading breaks the record from November 2021, when XLC was just starting its 47% drawdown https://t.co/XAW6pr2t4B
S&P 500 Faces Fifth Weekly Loss, Longest Since 2022
S&P 500 on track for its fifth consecutive weekly loss, the longest streak since the 2022 bear market https://t.co/WMl1TxYae5
Fed Rate Cut Now Expected in October 2027
That is one looong blue line. A month ago, Fed fund futures were pricing in the next cut as June. This June. Now it's October '27 https://t.co/HCElEgtrLE
10-Year Yield Hovers at 4.3%, Poised for Breakout
The 10-year couldn't close above 4.3% yesterday, but is trying again this morning. Lot of whipsaws (in both directions) with this chart, but this would sure look like a breakout https://t.co/17G6Y8TtLa
Zoom In: Sellers Hold Power in Downtrend
Sometimes zooming in can be more helpful than zooming out. Sellers remain in control until this downtrend changes https://t.co/0B4gscbTXl
XLE Inflows Biggest Since 2008, Posing Tactical Risk
Gotta love a decade-plus breakout but XLE flows represent a tactical risk to the energy trade. Most one-month inflows since 2008 https://t.co/S4x6eWEanb
