Posts have been light recently because the insight we can offer comes as more in-depth research that does not lend itself to a blog post. Short-term market analysis seems to be almost useless, since any conclusions are squashed by whatever news the market decides to pounce on that day. The chart below shows that little attention has recently been paid to stock picking, but more that traders jump on the back of the market and drive all stocks down together. Birinyi Associates measures market breadth as the number of advancing names minus the number of declining n[...]
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[Source: The Money Blogs]
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