Goldman Rings the Alarm on Collapsing Market Breadth: 51% of All Market Gains Since April Are From Just 5 Stocks

“A few days ago, with the Nasdaq at all time highs, we showed a striking chart: barely 40% of the Nasdaq’s 3,000+ stocks were trading above their 200 day moving average.

Goldman Rings The Alarm On Collapsing Market Breadth: 51% Of All Market Gains Since April Are From Just 5 Stocks | ZeroHedge

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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