SPY News: The Unpopular Laggards Will Have Their Day Again - 22nd Jun 2024, 4:24am

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I’ll show you how a popular breadth reading signals a significant gap between the returns of cap-weighted stocks relative to the rest of the market. Then I’ll illustrate how the unpopular laggards will have their day again, probably sooner rather than later.

More Stocks Are Being Sold Than Bought

When most equities participate in a rally, breadth is strong. But currently, a handful of names are pushing markets upward.

For example, the trusty MAPsignals Big Money Index is falling. Th...

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