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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 2020
Irrational is as irrational does
Stocks bounced sharply yesterday after February’s drubbing. If you were shaken by losses in February and elated yesterday, your portfolio is not ‘defensive’ or well managed, and now would be another good opportunity to fix that. It’s typical of momentum-easy-riders … Continue reading
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Roubini: global recession ‘not far fetched’
Global markets continue to grapple with the ongoing outbreak of the Coronavirus. Nouriel Roubini, Professor of Economics at NYU Stern, joins Yahoo Finance to discuss. Here is a direct video link.
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Passionate Eye: The contagion gripping the world
A look at how the outbreak occurred and whether a cover-up by Chinese authorities allowed the virus to spread. Here is a direct video link.
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