Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
While there has been a substantial move up in the indexes this week, to offset last week’s “worst week since June” there are still a lack of highs in the indexes. The S&P 500 is by the far the best acting group, while the NASDAQ and Russell 2000 struggle. This reminds of the behavior in March/April of this year when the S&P index (and at that time NASDAQ due to Apple) were holding up while the Russell lagged big time. This time its even more narrow.
In order from worst to best…
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