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Liz Ann Sonders
LizAnnSonders
Better day for Comm Serv and Utilities; not so much for Tech and Cons Discr; Comm Serv continues to lead YTD and MTD … Russell 1000 Value outperformed major indexes while Russell 1000 Growth underperformed; Russell 2000 Growth is struggling most MTD pic.twitter.com/pnmKHiMJYS
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Liz Ann Sonders
LizAnnSonders
4-point spread has opened between S&P 500’s forward (blue) and trailing (orange) P/E ratios pic.twitter.com/usF4Ys19oC
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Ryan Detrick, CMT
RyanDetrick
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.
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Ryan Detrick, CMT
RyanDetrick
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
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