What Individual Stocks Are Telling Us Right Now
My breakout trading starts with a bottom-up screening process across thousands of individual stocks. Doing so gives a much different perspective on the market’s health and resiliency than other approaches, such as top-down screening or using indices alone. After the sharp market sell-off last April following President Trump’s “Liberation Day” tariff announcement, my bottom-up screening […]
FALLING KNIVES, BLOODIED HANDS…
Summary: The market is sending two different signals depending on where you look. Broad breadth is at new all-time highs — but Nasdaq members are barely keeping their heads above water, and Trend Fragility remains elevated. Expect continued chop and volatility, with a possible shakeout of 6% or less before this resolves. Outside of tech […]
