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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
Greece’s deal with the Goldman devil
Greece’s secret loan from Goldman Sachs Group Inc. was a costly mistake from the start for Greece, Italy, and all of Europe. Goldman (along with other investment banks) raked in billions while counseling foolish clients on how to self-destruct. In … Continue reading
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A few key reads this morning
Canadian stock market volume slump deepens (buying volume is anemic in other stock markets too. Maybe retail investors aren’t as “dumb” as Wall and Bay Street thinks after all.) The trillions the government doesn’t account for Birth Citizenship controversy heats … Continue reading
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