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The recent rally in stocks has been accompanied by narrow leadership, which doesn’t bode well for its sustainability, according to a group of strategists at LPL Financial. The chart above shows the ...
We can visualize the outperformance of the mega-capitalization stocks by looking at the spread between the market capitalization and equal-weighted indices. As noted in last week’s post, the absolute ...
The stock market just flashed a bullish signal that suggests more upside ahead, according to Bank of America. The S&P 500 and NYSE advance-decline lines hit new all-time highs on Friday. The bullish ...
This week’s market commentary will focus on market breadth, the weakness of some technology stocks, and our chart of the week on gold. Most of last year’s gains were made by a few of the market’s ...
An indicator tied to the NYSE just flashed a bullish signal that suggests more upside ahead, according to Fairlead Strategies. The firm highlighted the recent breakout in the Advance-Decline line as ...
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