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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: June 2013
What lurks under China’s manufacturing data
With official and private factory data telling different stories about China’s economic momentum, the sub-indexes may provide a clearer – and bleaker – assessment of where the economy is headed. Here is a direct video link. In a related story, … Continue reading
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Danielle on This Week in Money
Danielle was a guest yesterday with Phil Mackesy on This Week in Money. You can listen to an audio clip of the segment here by advancing the play bar to 13:07.
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All that glitters (revisited)
In January 2012, I wrote “All that glitters” reviewing the investor experience in Sprott Inc. which was then trading at $6.00 from its much celebrated and heavily promoted Initial Public Offering at $10 at the commodities cycle peak in May … Continue reading
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