Market Breadth and Moving Averages: Navigating a Sideways Market feat. Stephen Suttmeier

In this episode of the Market Misbehavior podcast, Dave is joined by Stephen Suttmeier, founder of Suttmeier Technical Strategies. Recorded 3/18/26. Steve shares what he’s learned from his extensive career on Wall Street, including his time working alongside legendary technicians like Bob Farrell and Mary Ann Bartels. We dig into his daily progression process for evaluating macro markets, the critical role of absolute versus relative price charts, and his strategic use of specific weekly moving averages. The conversation also explores current market breadth, the recent struggles of mega-cap growth stocks, his four-bucket framework for sector rotation, and how financial advisors can seamlessly translate complex technical analysis into actionable insights for their clients.📈 Topics Covered• The legacy of technical analysis at Merrill Lynch and learning from industry legends• Defining secular and cyclical trends using 13, 26, 40, and 200-week moving averages• Analyzing market breadth via advance/decline lines and the new highs versus new lows spread• Evaluating the current market dynamic of equal-weight outperformance versus mega-cap weakness• The "four-bucket" methodology for categorizing absolute and relative stock performance to find leadership• Identifying sector rotations, including the recent strength in Technology versus Staples• Practical ways financial advisors can integrate technical nuggets and risk management into client communications🎓 Take Dave’s FREE course on behavioral investing: https://www.marketmisbehavior.com/freecourse📘 Check out Dave’s recommended reading list: https://www.marketmisbehavior.com/readinglist👉  Follow Dave on X: https://x.com/DKellerCMT👉  Follow Dave on Bluesky: https://bsky.app/profile/dkellercmt.bsky.social👉  Follow Dave on Facebook: https://www.facebook.com/marketmisbehavior👉  Follow Dave on Instagram: https://www.instagram.com/marketmisbehaviorThe content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice.