One chart telling it all about current stock market....

Discussion in 'Stocks' started by Nighthawk, Aug 31, 2020.

  1. FactSet.png
     
  2. jys78

    jys78

    This is usually the case. Completely normal and to be expected.
     
    Axon likes this.
  3. VEGASDESERT

    VEGASDESERT

    Fair enough, mostly things are around pre covid levels. Some below, some above.

    Looks about right.
     
  4. comagnum

    comagnum

    Another day with extreme divergence into the AMFAG (AAPL,MSFT,FB,AMZN,GOOG) mega tech stocks. The S&P5 & NDX5 are carrying the load.

    Historically narrowing breadth has been a fairly reliable precursor to some of the biggest turns. Not suggesting going short until it is clear we are on the back side.


    upload_2020-8-31_10-15-41.png
     
    qlai likes this.
  5. socool

    socool

    Expected which is fine.