From the desk of Steve Strazza @Sstrazza
We updated our Breadth chartbook a few days ago which Premium Members can check out here.
There are literally hundreds of charts with various breadth indicators from new high/low and overbought/oversold percentages to A/D lines, and more for not only the major averages and indexes but also each Large-Cap Sector SPDR.
What’s this month’s takeaway after spending a morning digging through our expanded workbook (that’s right, there’s more)?
Market internals continue to be a tailwind for stocks as we saw an improvement in the vast majority of our metrics again this month.