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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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Category Archives: Main Page
Opportunity for Canada
Canada needs to build things the world wants. A Canadian car company is rolling in a zero-emission vehicle called ‘Project Arrow’. CTV’s Sean Leathong reports. Here is a direct video link. Also, see Donald Trump’s disdain for wind energy could … Continue reading
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People with high incomes tend to have the highest leverage
Many people believe that “rich people always have money.” What is typically overlooked is that people with higher incomes tend to have higher overhead and debt levels, and any savings they have are often invested in risky asset markets. This … Continue reading
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Rosenberg: the math Wall Street ignores
An insightful overview in this segment. Happy Friday! Guy Adami and Dan Nathan host economist David Rosenberg of Rosenberg Research on the RiskReversal podcast to discuss the state of the market, economic conditions, and geopolitical factors. Rosenberg outlines the volatility … Continue reading
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