Will The Stock Rally Continue?
This week, we look at a simple question: will the stock rally continue, or is this just another countertrend move?The charts in this video cover several key areas of the current market backdrop, including:
Technology leadership and whether tech is starting to take control again.
Semiconductors ($SOX / XLK) and what a powerful short-term thrust may or may not mean.
The Dow, Nasdaq, and NYSE Composite to see if leadership trends are shifting.
Breadth and participation using advance-decline volume.
The S&P 500 and whether recent price action points to a meaningful change in character.
Treasury bonds / inflation expectations and whether rates remain a showstopper.
Private credit risk and whether it is a contained issue or something broader.
Geopolitical / Hormuz-related uncertainty and what it may mean for the market outlook.
We will compare today’s evidence to similar periods in the past and ask an important question: does the weight of the evidence support a sustainable rally, or should investors still respect the possibility of another setback?
As always, this is a weight-of-the-evidence exercise focused on markets, trends, risk, and probabilities.
In the video we discuss what is improving, what still needs work, and what to watch next. Receive SMS online on sms24.me
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