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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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Monthly Archives: August 2010
Felix Zulauf with Barry Ritholtz
Excellent interview clip with famed money manager Felix Zulauf. His career journey was incredibly similar to my own it turns out: learned what not to do with money by working at large institutions, realized the conventional wisdom about portfolio management … Continue reading
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ISM PMI continues to confirm declining growth
Stocks are feeling wildly optimistic this morning. The ISM reported its manufacturing gauge fell to 55.5 in July from 56.2 in June, but that came in 1.5 better than the 54 level that economists had expected. The trend is clearly … Continue reading
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