Huge gap opening up between new orders components in ⁦@philadelphiafed⁩ (orange) and Empire (blue) Manufacturing indexes, with former soaring and latter stuck in contraction pic.twitter.com/ppU2ztRd6D

Spread between S&P 500 earnings yield and 10y Treasury yield has continued to move lower this year and is hovering near lowest since 2002 pic.twitter.com/DE8Y7Y5aWp

Interesting, but only 1 stock on the S&P 500 made a new 10-day high last Friday. As of last night, 16 made a new 10-day high. This in the face of a 5-day losing streak.

Earlier this week, less than 10% of the stocks in the S&P 500 were above their 20-day MA. That is wash out territory. That was the lowest level since Oct of last year, but even more interesting is price made new lows, but stocks above their 20-day MA actually improved. pic.twitter.com/4XrwsE89Iw