Three times in the past 35 years the NYSE Composite Index has been at all-time highs as the small-cap Russell 2000 Index fell below its 200-day simple moving average: 1999, 2007 and this week. Not definitive of what’s coming next; but food for thought…
Chart source: Kimble Charting Solutions
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BREAKING: US margin debt jumped by +$112 billion in May, to a record $1.42 trillion.
This marks the 2nd consecutive monthly increase, totaling +$195 billion.
Margin debt has surged +$495 billion, or +54%, over the last 12 months.
Adjusted for inflation, this metric rose +7.9%
