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Cory’s Chart Corner
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Maybe it is different, but the decline in breadth is playing out as it did during the Tech-wreck why, because humans are involved. Same ol'e crazy!
h/t @MauiBoyMacro
“.. equity market breadth has narrowed in recent weeks to one of its lowest levels on record. The S&P 500 has rallied by 14% from its low in late March and now trades at a new record high. However, the median S&P 500 constituent remains 13% below its respective high.” 👇🏼
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Daily Archives: July 22, 2009
Countries banking on a pick up in exports to Europe and Asia may be waiting a long time
The UK entered into the global downturn later than America and they are likely to be still in recession for another year. After that they are likely to have a period of still falling house prices and sub-trend growth for … Continue reading
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