Market breadth speaks to the number of stocks participating in an advance. Strong market breadth means a high percentage of stocks are making new highs as the major indexes make new highs. Strong breadth also aligns with widespread confidence in stocks and the economy.
This indicator had a divergence in both 2000 and 2007; a divergence is also present in 2017
April 27, 2017 by Leave a Comment
Stock Market Breadth: Is It Really That Bad?
December 8, 2015 by Leave a Comment
Market breadth speaks to the percentage of stocks participating in a stock market rally. All things being equal, the broader the participation the healthier the market. In this article, we will examine breadth for both the S&P 500 and NYSE Composite Stock Index. We will also examine 2015 breadth vs. similar points after a correction and similar points in a bear market. Stock market breadth is not particularly useful as a short-term timing tool for the S&P 500; it can be helpful on longer-term time horizons.
Market Jitters Concerning Pre-Labor Report
April 5, 2013 by Leave a Comment
Prior to reviewing the state of the markets as of Thursday’s close, it is important to note if any economic report can “flip the charts”, it is the widely-anticipated monthly labor report, which is on tap for Friday morning.
