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Cory’s Chart Corner
Load MoreMaybe 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
Kalani o Māui @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
What’s up with copper?
Weak demand and epic global supply, but as with oil, a falling U$ and speculative trading have been goosing copper prices over the past month. The higher prices rise, the more incentive to producers to ship even more excess supply…a … Continue reading
TSX back into resistance box
After all the usual suspects at central banks failed to hike rates at recent meetings, risk markets in North America are bouncing today. (Treasury yields are not so far agreeing with the inflation hopes of stocks, and are moving lower.) … Continue reading
David Suzuki on a life fighting for a sustainable biosphere
Activist and The Nature of Things host David Suzuki reflects on life ahead of a milestone birthday. Even if Suzuki isn’t giving up his outspoken ways, he has increasingly started to strike a different tone. He now admits that environmentalists … Continue reading
