Tag: breadth

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Market breadth looks bullish despite declines in the Dow, S&P 500 and Nasdaq

While the Big 3 stock market indexes are all losing ground, market internals are looking rather bullish. The number of…

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Nasdaq’s rally comes in the face of bearish market breadth

The Nasdaq Composite comp surged 1.0% in afternoon trading, but market internals are actually telling a rather bearish story. The…

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Market timer McClellan turns bearish, as S&P 500’s gain belied negative breadth data

Tom McClellan, publisher of the McClellan Market Report, has turned bearish on stocks for short- and intermediate-term trading styles after…