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Craig Thompson

Joined: Oct 29, 2020
  • Analysis & Opinion

Craig Thompson's Opinion & Analysis
A complete archive of Craig Thompson's articles, including current analysis & opinion.

The S&P 500 index reached an all-time high this week; however, market internals continue to flash warning signs. A handful of large-cap semiconductor stocks appear to be propping up the market,...
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...
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....
In my January 2, 2024 Newsletter, Breadth Thrust, I wrote about how the market experienced a breadth thrust that historically has proceeded strong longer-term returns for stocks.In my February 4, 2024...
The stock market is in a strong bullish environment. Short-term the market is extended and nearing the upper end of its uptrending channel which is an area where it has pulled back in the...
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...
In August, the market reached overbought levels and was due for a pullback. Below is the same chart that I presented in that update.I stated that the market was advancing within an up-trending channel...
In our August 7, 2023 Market Update, Stock Market Weakness Likely, I mentioned the market was at the top of its uptrending channel and was likely to correct to the lower half of that channel. Here we...