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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 2013
A look inside an elite JP Morgan financial “advice” unit
In large, the world of investment sales is so conflicted, self-serving and willfully blind that it frequently doesn’t even see the problems inherent in its business model. While the marketing mantra is ‘advice that helps clients achieve their financial dreams’, … Continue reading
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Walker: “US government is a global embarrassment”
David Walker, Founder and CEO of the Comeback America Initiative and the former Comptroller General of the United States, is appalled by the lack of leadership and cooperation in Washington. “We are here because of failure of the president, a … Continue reading
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Dow at cycle high
During secular bear periods, markets tend to revisit prior cycle highs and then retest prior cycle lows several times over 15-20 years. With the Dow at its third cycle peak, now once more near its 2000 and 2007 highs, we … Continue reading
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