After Thursday’s sharp breakdown in market breadth, Friday brought a modest recovery. However, the rebound lacked the conviction seen earlier in the week. Beneath the surface, fewer stocks are maintaining key moving average levels, and signs of sustained leadership remain weak. The current trend remains vulnerable, with only limited improvement in breadth indicators.
The market rebound on November 5 proved short-lived. Just one day later, market breadth sharply deteriorated across virtually all indicators. This sudden reversal reinforces the fragile and uncertain state of the current market environment.
After two consecutive sessions of weakness, market breadth rebounded decisively on Wednesday, November 5. However, despite the impressive one-day recovery, longer-term breadth readings remain below key thresholds, signaling that the market still has work to do to confirm a sustainable uptrend.
Risk-off sentiment dominated Wall Street on Friday, with selling pressure in AI-linked names intensifying and pushing technology stocks toward their worst week since April.
On Tuesday, November 4, market breadth deteriorated sharply once again. Key metrics across advancing/declining stocks, moving averages, and longer-term trend indicators all turned more negative. The fading strength observed on Monday deepened into broader weakness, with downside momentum accelerating.
After a brief and cautious rebound on Wednesday, risk-off sentiment returned sharply on Thursday, with AI-linked stocks leading a broad selloff across Wall Street and renewed pressure hitting crypto markets.
Wall Street bounced back Wednesday after Tuesday's sharp selloff in AI-driven stocks, as investors bought the dip amid solid corporate earnings and growing signs that the Federal Reserve may be nearing another interest rate cut.
Investors poured $37.6 billion into ETFs last week, led by SPY and tech-heavy funds, shrugging off Powell's hawkish tone as markets stay fixated on growth.
After Thursday’s sharp market-wide sell-off, Friday’s session (Oct 31) showed a rebound in short-term participation metrics. However, longer-term breadth indicators remain weak, and the overall trend is still tilted to the downside. A cautious stance is warranted as there is no clear evidence of a sustainable recovery yet.
Risk appetite cooled on Tuesday as investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.
Vanguard S&P 500 ETF has smaller assets under management (AUM) but provides large-cap exposure and lower costs compared to the iShares Russell 2000 ETF.
Breadth deteriorated again on Thursday, October 30, as declining stocks outpaced advancers across multiple timeframes. Short-term momentum indicators have turned decisively negative, and broader participation trends are again showing signs of strain.
Tech stocks edged higher Friday, rebounding from Thursday's 1.5% drop in the Nasdaq 100 as upbeat earnings from mega-cap giants kept the rally momentum alive.
Wall Street saw a cautious tone on Thursday as major tech-heavy indexes edged lower, weighed down by mixed earnings from the mega-caps and the lingering impact of hawkish remarks from Fed Chair Jerome Powell th
