Craig Thompson

As we move into September, the stock market's uptrend, which began in early 2023, continues to hold firm despite experiencing a series of routine corrections. In last month's newsletter, I discussed...

In my last two newsletters, “Narrow Market Breadth” and “Stock Market Internals Are Deteriorating Rapidly,” I highlighted significant technical weaknesses within the stock market, particularly...

As we move further into the year, stock market indexes continue to show impressive gains year to date, reflecting a robust uptrend that might suggest a broadly positive market sentiment. The major...

The S&P 500 index reached an all-time high this week; however, market internals continue to flash warning signs. A handful of large-cap semiconductor stocks appear to be propping up the market,...

During the past month, the S&P 500 Index advanced to all-time highs and is in a confirmed uptrend. However, market breadth is increasingly suggesting internal market weakness. I view this...

In last month’s newsletter, I wrote the following: “In the short term, the stock market is overbought, momentum is waning, and volume indicators are falling. This is a warning (not a...

Stocks are in a bull market and are not overstretched from a long-term price perspective. In the short term, the stock market is overbought, momentum is waning, and volume indicators are falling....

Bullish market signal – Breadth Thrusts Short-term market indexes are overbought and at resistance Most economists expected a recession in 2023. It didn’t happen The economy is still a...

After reaching overbought levels and pulling back from August through October (declining orange channel in the chart below), the market has decisively broken out to the upside. The strength of the...

Stock Market Breakout In my August 4th update, Stock Market Weakness Likely, I pointed out that the market was likely to pull back, and as long as that weakness did not decisively violate...