While the major averages again performed well during the second quarter, breadth continued to narrow. In early June the number of stocks outperforming the S&P was at its lowest level since 1980. We believe this […]
DJIA: 39,753 Show us market breadth …and we’ll show you the money. Liquidity and the lack thereof drives markets. When you say to yourself you wish you had more money to invest but you don’t, […]
The S&P 500, the Nasdaq Composite index, and the Wilshire 5000 index all scored record highs this week, purportedly stirred by comments from Fed Chair Jerome Powell during his semi-annual testimony to Congress. This was […]