STAN WEINSTEIN SEES STOCK MARKET TOP SIGNS Veteran trader Stan Weinstein warns that the stock market may have peaked. In his weekly Global Trend Alert, he cites several signals: 🔸 The S&P 500’s late-October high (6,920.34 on Oct. 29) was “deceptive,” occurring alongside poor breadth as declining stocks outnumbered advancing ones. 🔸 His S&P and Secondary surveys failed to reach “clearly bullish” levels before the October peak. 🔸 Weekly updates showed more sell than buy recommendations and more unfavorably-rated than favorably-rated sectors. The S&P 500 is now over 4% below its all-time high and recently had its worst week since early October. With Fed rate-cut expectations shifting and AI stock valuations under scrutiny, Weinstein urges extreme caution, especially during the low-volume Thanksgiving week, when markets can be more volatile.(*Walter Bloomberg)