From the desk of Steve Strazza @Sstrazza and Grant Hawkridge @granthawkridge

One of the most important themes these days is the rotation between growth and value stocks. Groups like energy and financials have been breaking to new highs...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Outside of the large-cap averages in the US, most stocks have been stuck in sideways trends for much of 2021. We’ve seen breakouts fail in both directions...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Last year was all about bullish breadth thrusts.

The percentage of new highs...

From the desk of Steven Strazza @Sstrazza

It's been about a month since small- and mid-caps resolved to the upside and made fresh highs.

As we all are aware, these were simply massive head-fakes. We're right back to where we...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Breakouts and breadth expansion kicked off the month of November. 

But the...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Over the past few weeks we’ve seen a handful of major indexes, like small and mid-caps, resolve higher and kick off a fresh up leg. But breadth has really...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Everything's falling into place for the bulls.

Mid-caps and small-caps finally joined their large-cap peers at new record highs earlier this month....

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Last week, we pointed out some mixed signals in our breadth indicators. 

...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

While breadth has improved in recent weeks and months, the bulls still...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge 

September saw significant selling pressure in equity markets. The S&P 500 suffered its worst drawdown since last year, and many of the major indexes made...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Most risk assets peaked during Q1 or May of this year and have consolidated in sideways ranges ever since.

But the bulls have started to take control...

From the desk of Steve Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Using the S&P 500 as your investment proxy, you’re probably happy with your returns so far this year.

That's even with the 5% pullback we finally...

From the desk of Steve Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Bond yields are breaking higher across the board. So, it’s essential to understand that...

From the desk of Steve Strazza @Sstrazza and Grant Hawkridge @granthawkridge

Considering the selling pressure in recent weeks, we were very excited to take a look at our breadth indicators today to see if we finally saw some downside...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

In today's post, we’re going to do an update on some of our favorite and most essential intermarket indicators. We’ve also updated our risk checklist so we...

From the desk of Steve Strazza @sstrazza and Grant Hawkridge @granthawkridge

It’s been a while since we checked in on the US breadth scene, and for a good reason… there...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridg

Money really likes to flow where it's treated the best… and as far as sectors and even most industry groups go, there simply isn't much alpha out there at the...

From the desk of Steve Strazza @sstrazza and Grant Hawkridge @granthawkridge 

Last week, we pointed out that some US stocks are going up, but most are not.

...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

For the better part of 2021, we've been pounding the table about markets being a chop fest. And we'd seen little evidence suggesting this was likely to change...

From the desk of Steve Strazza @sstrazza and Grant Hawkridge @granthawkridge 

Whether more stocks are going up or down these days simply depends on where you look. Some advance-decline lines are moving higher, but others are...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

In today's post, we’ll discuss some of our favorite and most important intermarket ratios and see what they’re suggesting for markets and risk appetite around...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge 

Let’s flip the script this week and take a more granular approach to our analysis of market internals.

In recent months, we’ve written at length...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge 

We’ve been super obnoxious about the deterioration in new highs we continue to see in...

From the desk of Steven Strazza @Sstrazza and Grant Hawkridge @granthawkridge

You’re probably sick of hearing this but it’s important! Even with the recent bout of volatility, new lows have been non-existent across most of the major...