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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 2016
Sharp rebound to where?
Without ongoing manipulation from central bank jiggers, brazen HFT skimmers and corporations un-GAAP’ing their earnings and blowing up their balance sheets to buy back their own shares, the stock market would be a fragment of its present level today. That … Continue reading
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63% of Americans represented by a climate denier
Remember when the cigarette industry argued and advertised that their products were actually good for the chest and funded research and politicians that championed their cause? Here we are again…See: Congress infected with climate change deniers. 99% of scientists agree … Continue reading
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Uber’s plan for a world with fewer cars
Electric vehicles are a massive part of the efficient transportation evolution, self-driving cars will be too, but shared transportation is critical in lowering urban congestion and increasing capital efficiency ie., less cars need to be bought, less car loans and … Continue reading
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