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Craig Thompson

Joined: Oct 29, 2020
  • Analysis & Comment

Craig Thompson's Comment & Analysis
A complete archive of Craig Thompson's articles, including current analysis & comment - Page 2

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...
Technicals Diverge From Market Consensus
By Craig Thompson - Apr 03, 2024
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...
Market Momentum Turns Positive
By Craig Thompson - Sep 04, 2023
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...
One of the hallmarks of a bull market is sector rotation. I am sending out this update because we are starting to see the early signs of money moving out of technology, which has led this year’s...
The stock market has continued to build on last month’s positive technical improvements. Below is a chart of the S&P 500 Index and here are my takeaways. The index has advanced above its...
The S&P 500The Federal Reserve has been increasing interest rates as a means to manage inflation by reducing overall demand in the economy. This strategy is intended to stabilize economic...
Stock Market Not as Strong as You May Think
By Craig Thompson - May 01, 2023
The Fed is raising rates in hopes of taming inflation by reducing demand. When the Fed eventually reverses course and begins to lower rates, it will be accompanied by a weak economy (probably a...