From the desk of Steve Strazza @sstrazza and Grant Hawkridge @granthawkridge
It’s been a while since we checked in on the US breadth scene, and for a good reason… there’s really nothing new to say.
Some US stocks are going up, but most are not.
Instead, our focus has been on expanding global breadth. We believe the burgeoning participation in international markets is constructive for US markets, specifically for cyclical areas.
But are we beginning to see any signs of breadth expansion domestically?
In today’s post, we’ll switch gears and turn our attention stateside to address participation among US stocks.
Let’s dive in!