Today's number is... 90.1%

Short-term participation exploded on Friday, with 90.1% of S&P 500 stocks finishing above their 10-day moving average, our first 10-day breadth thrust since May.

Here’s the...

Today's number is... 5

The 5-day moving average window just lit up across the market. Every major index now sits near the top of its short-term breadth curve after a sharp reset.

Here’s the chart:

Today's number is... 159

The MSCI All Country World Index has gone 159 days without a 5% pullback. That is the 3rd-longest stretch since 2008.

Here’s the chart:

Let's break down what the chart...