Market showing signs of weakening breadth: Chart of the Day

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Julie Hyman

Amid the ongoing first-quarter earnings season, broad-based momentum had been witnessed in the the equities market (^DJI, ^IXIC, ^GSPC). However, with...

Um, in the hour when we were talking to, uh, cli that you know, invidia some of the large cap tech stocks had been accounting for a lot of the gains.But in this chart brought to us from Bespoke Investment Group, we have seen breath that has started to deteriorate, really just in the last week.

Just another way to sort of slice it here when we're looking at these breath indicators and and what they mean.So according to the folks over at Bespoke, you know, again, they point out, Traditionally, it's not necessarily viewed as a good sign.

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