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Market Analysis - Potential Problem with Market Breadth
4 Views • Aug 25, 2015
Description
If I was a good friend to the US stock market, I’d want to subtly do it a favor and save it from an embarrassing social faux pas. You see, the S&P500 has bad breadth. And as we all know, only your best friends will tell you.
Let’s take a look at nine major components of that index, and indeed of the overall stock market, and then compare them to the S&P500 index. We’re looking for these sectors to confirm the new highs that the S&P500 made a little over a week ago - on May 22nd.
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