NASDAQ:QQQ - Nasdaq - US46090E1038 - ETF - Currency: USD
The June 6 session confirms that breadth is not only improving but now supporting the index-level gains we’ve seen in the major averages.
SPY, QQQ both showing a distribution day after yesterday's session (down on above-average volume near the high).
The public spat between Trump and Musk raised concerns among investors, prompting a sharp sell-off in Tesla stock on Thursday.
Johnson said he has interacted extensively with Musk about the “One Big Beautiful bill” to ensure the billionaire has accurate information.
New figures from U.S. equity markets indicate a troubling trend, as foreign investors pull back amid mounting uncertainties and persistent volatility over the past two months.
This beverage company has outperformed all S&P 500 stocks over the last 30 years providing an 32.6% annualized return.
Broadcom shares fell despite another strong quarter of AI revenue growth. Broadcom (NASDAQ: AVGO) once again reported robust artificial intelligence (AI) revenue growth in its fiscal second-quarter results released this week, with promises that the strong revenue growth would continue. Let's take a closer look at Broadcom's most recent results and the AI opportunity in front of it to see whether investors should buy this small dip.
Commodity chemical giant Dow Inc. (NYSE: DOW) is hovering around a five-year low and is now down around 50% from its spin-off price when DowDuPont split into three separate companies in April 2019. Dow has kept its dividend the same for the last six years. Here's why Dow's challenges persist and why the dividend stock could be worth buying now, even if the company reduces its payout.
With the streaming-TV company's stock price soaring about 40% higher this year, a stock split seems inevitable -- and it could come soon.
It's becoming clearer that artificial intelligence is going to have a meaningful impact on the economy over time. Investors that want diversified exposure to the AI trend should consider this top ETF that has produced a monster 414% total return in the past 10 years. While there continues to be a lot of excitement about AI in the near term, it’s important that investors have the patience to focus on the next decade and beyond.
- BIL led ETF inflows amid Tesla's Thursday tumble. - QQQ and IVW saw outflows while TLT and IBIT attracted inflows.
We came across a bullish thesis on Philip Morris International Inc. (PM) on Librarian Capital’s Substack. In this article, we will summarize the bulls’ thesis on PM. Philip Morris International Inc. (PM)’s share was trading at $177.87 as of 29th May. PM’s trailing and forward P/E were 28.02 and 23.75, respectively, according to Yahoo Finance. Philip Morris […]
Investors are closely watching the May jobs report for any signs of further cooling in the labor market.
Breadth readings remain firm for now, this appears to be a healthy pause, not a reversal.
Both the QQQ and the SPY broke out above their main resistance levels today.
Overall, the market is showing signs of stabilization, with improving short-term breadth and constructive intermediate-term signals.
Mentions: SPY
The indices continue to quote close to their next resistance. While headline indices may show only minor daily fluctuations, the underlying breadth data paints a more fragile picture.
The data from May 29, 2025, confirms that market breadth has rebounded significantly, with strong participation and improving technical metrics across shorter moving averages.
The breadth indicators signal a fragile and reactive market environment, prone to sharp swings and lacking sustained leadership. Bullish momentum may struggle to gain lasting traction.
The May 27 surge in breadth confirms the bullish price action observed across major indices on that day, reinforcing the move’s credibility.
The latest data show a market that is weakening internally, with fewer stocks supporting any upside and an increasing tilt toward broad-based selling.
The market is in a cautious phase with waning momentum.
The broad-based selling on May 21 wasn't a surprise, it was preceded by several days of narrowing breadth.
While the major indices are holding up, breadth is beginning to diverge and fewer stocks are driving the rally, market participation is waning.
Markets continued to show resilience at the start of the week, with all major indices maintaining their short-term bullish trends.