After a tough Monday, stocks fully reversed on Tuesday, this based on yet new headlines coming from the White House. So the game of cat and mouse continues, with many retirement accounts caught in the middle. The S&P 500 (SPX) and S&P 100 popped 2.5%, while the Nasdaq and Nasdaq 100 (QQQ) ripped higher by 2.7%. Are we any closer to settling this bull/bear standoff? Probably not. Market breadth was strong on Tuesday, with 2,490 more NYSE advancers than decliners. The reading of NYSE advances/total issues was strong at 89%, while NYSE advancing volume/total volume was at 81%. Since April 4, we have had four days of strong breadth and four days of weak breadth. If strong days take over and weak days disappear, that would be a good sign that the bulls are taking back control from the bears. We think gold is topping and the yellow metal traced out an ugly bearish engulfing candle-stick on Tuesday. But bitcoin bottomed on April 8 and has been on a pretty good run ever since. Bitcoin reached $91,800 on Tuesday, up from a recent closing low of $76,300, or about 20%. We have seen a number of daily gains with above-average volume, a good sign of institutional accumulation. The crypto currency looks to have completed a five-wave decline and has broken its bear-market trendline off the peaks since earlier this year. In addition, price has jumped above chart resistance at $89,000, with the next piece at $96,000. (Mark Arbeter, CMT)

3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M’s revenue comes from outside the Americas.

3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M’s revenue comes from outside the Americas.

3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M’s revenue comes from outside the Americas.