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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: March 2012
Good explanation of the harmful structure of Central Banks
This clip was recorded a year ago, but the comments remain pertinent today. One comment I disagree with is Hudson’s idea that only a democrat could have got Ben Bernanke re-apppointed as Fed Chair. After all, it was Bush and … Continue reading
Bird’s eye view of the Canadian stock market
With the extreme swings we have lived through over the past couple of years it can be difficult to get a cogent view. Sort of like holding a printed page at the end of your nose–you can see writing but … Continue reading
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Wall Street blocking limits on energy speculation
We need speculators in these markets, it is the excessive speculation that we get concerned about, says Bart Chilton, Commodities Futures Trading Commission (CFTC), who discusses the rules that have not been put in place yet to limit the amount … Continue reading
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