Stocks rallied today, lead mainly by the large cap names. Trading volume eased, giving some indication the bounce from recent lows may be tiring. Leading names and small caps lagged the market. It’s becoming tough to find quality entry points, as many stocks are rolling over. Curiously, biotechs lost ground today. If this trend continues, which I doubt it will, […]
Via Dana Lyons’ Tumblr,We’ve used much of the space here in the past several weeks pointing out the deteriorating breadth conditions in the U.S. equity market. The trend has been so profound it has now reached the point where it could potentially shift from one of short or intermediate-term relevance to something that might impact the longer-term cyclical bull market. […]
By Gurdev Singh Virk
A recent bull run in India’s benchmark stock index isn’t being mirrored in the midcap index, which tracks the country’s midsize companies.
A bronze bull statue at the Bombay Stock Exchange.
While the Bombay Stock Exchange’s S&P BSE 30-stock Sensitive Index, or Sensex, has risen 9% […]