Market Analysis and Investment Commentary by Walter Deemer
Walter Deemer’s contributions to market analysis span over 50 years, including tenures at Putnam Investments and his own firm, Deemer Technical Research. His proprietary indicator, the Breakaway Momentum Thrust, is widely followed among swing traders and has been adapted to crypto charts by leading analysts on TradingView.
Deemer authored Deemer on Technical Analysis, a foundational text in cycle theory and market breadth, and maintains an archive of over 2,600 market memos detailing reactions to global macro events. In 2025, his mentorship of new traders in applying sentiment extremes to altcoin patterns was spotlighted in Technical Analysis Magazine.
Deemer’s multi-decade cycle tracking offers a rare lens into structural rhythm across both traditional and decentralized assets, making his methods enduringly relevant for long-term crypto strategists.
SPY and QQQ must rally to fill downside gaps, Walter Deemer notes
Downside gaps appeared this morning for the SPY and QQQ charts, according to Walter Deemer. Deemer stated that SPY would need to rally to 768.40 and QQQ to 719.71 to fill these gaps, adding that ...
Walter Deemer: Daily source for individual company CDS quotes identified
A source for daily individual company credit default swap (CDS) quotes has been identified. Walter Deemer shared that single-name CDS quotes can be found by scrolling down at the provided ...
QQQ opens with major gap at start of session, Walter Deemer notes
QQQ opened with a substantial gap at the start of trading, while SPY had a much smaller opening gap at 766.71. Walter Deemer noted that a print of 726.39 would be required to fill QQQ's current ...
Walter Deemer: QQQ shows new downside gap as gaps at 759.10 and 720.48 remain unfilled
QQQ opened today with a new downside gap that would be filled by a rally to 744.85. Walter Deemer also highlighted that QQQ continues to have two additional significant unfilled gaps: one on the ...
QQQ fills last week's upside gap, Walter Deemer notes
Walter Deemer observes that QQQ still shows signs of a possible island top pattern, although it has filled the upside gap created last week. The update highlights ongoing technical developments ...
Walter Deemer: Concern over financial stocks as market indicator
Walter Deemer highlights that those who believe financial stocks act as a bellwether for the overall market may find the current situation concerning. He points to the recent performance of ...
SPY and QQQ gap fills may signal trend strength, Walter Deemer notes
Walter Deemer observes that SPY would need to decline to 776.50 and QQQ to 756.92 to fill gaps that opened this morning. He also points out that Friday's gaps at 765.65 for SPY and 744.67 for QQQ ...
Walter Deemer: June 1962 market low was 7 percent below May crash
Walter Deemer reflects on market dynamics in 1962, highlighting that the June secondary low was 7 percent beneath the May crash low. He describes witnessing the market struggle to find support as ...
Stock market crash followed 1962 divergence, Walter Deemer notes
Walter Deemer recalls his early experiences following the stock market, starting in 1961. He notes that the market crashed soon after, in May 1962, an event frequently referred to online as the ...
Walter Deemer: Big Breadth Divergence remains despite buoyant averages
Walter Deemer references the persistent Big Breadth Divergence in the market, while noting that averages remain buoyant. His observation suggests a disconnect between broad market participation ...
SPY and QQQ need rallies to close gaps, Walter Deemer notes
Walter Deemer highlights that SPY would need to rally to 760.94 and QQQ to 714.62 in order to fill gaps created in the morning session. He adds that the speed at which these gaps are filled, if ...
Walter Deemer: Credit markets likely to give early signs of potential stock market correction
Walter Deemer suggests that if a correction is ahead for the stock market, the first warning signs will likely come from the credit markets. He emphasizes the importance of monitoring credit ...
Rapid earnings growth does not ensure stock gains, Walter Deemer notes
Walter Deemer offers a reminder that even when company earnings grow rapidly, this trend does not always translate to a rise in stock prices. Deemer emphasizes that market performance and ...
Walter Deemer: No signs of market thrust despite strong AI-driven rally
Walter Deemer notes that, despite a notable four-day 5.74% gain in SPX, no market thrusts are currently visible. According to Deemer, thrusts depend on market breadth, and the Breakaway Momentum ...
RITR and MGN see high NASDAQ volumes, Walter Deemer notes
Walter Deemer highlights a surge in trading activity for NASDAQ stocks, noting that RITR has seen over a billion shares traded so far today. MGN is also experiencing significant volume, with 800 ...
Walter Deemer: Credit default swaps may signal risks in AI funding boom
Walter Deemer highlights growing discussion around circular funding in the artificial intelligence sector. He warns that if there is excessive demand for funding or if deals are not transparent, ...
Gap at 703.62 will be key for QQQ, Walter Deemer notes
Walter Deemer points to a gap in QQQ at 703.62 following Thursday's trading session. He explains that there is no rule requiring such gaps to be filled, nor any guideline on the speed at which ...
Walter Deemer: S&P 500 and Nasdaq 100 need rally to fill large morning gaps
Walter Deemer highlights that S&P 500 (SPY) would need to rally to 747.88 and Nasdaq 100 (QQQ) to 702.61 to fill large gaps that appeared this morning. He adds that the speed at which these gaps ...
Downside and upside gaps emerge in QQQ, Walter Deemer notes
Walter Deemer observes that the downside gap in QQQ from Tuesday has now been filled. He highlights the presence of a new upside gap that opened this morning, noting that QQQ would need to decline ...
Walter Deemer: Nifty Fifty era challenged value investors in 1972-73
Walter Deemer recalls the impact of the Nifty Fifty growth stock era during 1972-73, highlighting how market trends at the time nearly cost prominent value investor John Neff his job over the ...
SPY must drop to 744.44 and QQQ to 724.01 to fill gaps, Walter Deemer notes
Walter Deemer observes that major opening gaps appeared in the market this morning. He highlights that SPY would need to fall to 744.44 and QQQ to 724.01 to fill these gaps. According to Deemer, ...
