Despite breadth metrics showing a modest rebound on Tuesday (Nov 18), the broader technical picture remains fragile. The ChartMill short-term trend indicator flipped negative for both SPY and QQQ, confirming that the recent bounce lacked follow-through. The overall trend remains negative with a cautious tone.
Gina Raimondo, who served as the Secretary of Commerce under President Joe Biden, said that the political cost of rolling back the tariffs is too high for any future administration, regardless of party.
The American financial landscape is currently grappling with a significant and increasingly discussed phenomenon: the "narrowing American market." A recent Bloomberg report has brought this trend into sharp focus, highlighting a potential lack of diversity in US stocks and an alarming concentration of market influence among a select few colossal
