Today's number is... 28.5

Market sentiment is shifting as the average bears reached 28.5 last week, the highest reading since November 2023.

Here’s the chart:

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The market’s been a hot mess this past month. Failed breakouts are piling up, with prices slipping back into their ranges and falling below key overhead supply zones.

...

I was talking to a colleague this morning and I told him I feel as if I do my best analysis when I'm writing about exactly what I'm doing in the market.

So today’s post is about Solana and why I’m closing my entire position…...

We're back on ...

Today's number is... 19

My RORO Risk Range Summary, which includes 19 Risk-On versus Risk-Off ratios, has shifted to slightly favor risk-off assets.

Here is the chart:

Consumer discretionary stocks have been the best stocks over the intermediate term.

The Discretionary Sector SPDR $XLY is leading all other sector indexes over the trailing three and six months.

When we dive...

The Mötley Crüe song title comes to mind: Same Ol' Situation. 

It's always the same questions. Every bull market.

How much higher can stocks possibly go? Was that last high the top? Why is the economy not as strong as the stock market...