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Liz Ann Sonders
LizAnnSonders
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
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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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Carl Quintanilla
carlquintanilla
GOLDMAN: “The first two weeks of May represent the 4th worst two-week period of the year." @dailychartbook $SPX 🇺🇸 pic.twitter.com/clwL1JaQje
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