The recent Stock Trends editorials have established that the current market is not defined by a unified directional regime. Instead, it is characterized by internal dispersion, where leadership is fragmented across sectors, industries, and individual securities.
The latest dataset reinforces that conclusion. But more importantly, it reveals a structural shift beneath the surface: forward return probabilities are no longer tightly coupled to traditional trend classifications.

Stock Trends analysis quantifies nicely the movement of individual stocks. I’ve found that if the technicals are out of synch with fundamental analysis, it is a wake-up call to make a decision. The Stock Trends Bull/Bear Ratio is useful in identifying major market bottoms and tops. It has always presented a good buying or selling opportunity.