The Percentage Of Stocks In A Bear Market Is Growing
As US stocks push to record highs, trading volume is dwindling and broad market breadth is terrible...
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Americas
Equity Breadth Is Flashing A Negative Signal About Growth Prospects
Submitted by Eric Bush via Gavekal Capital blog,
We all know that stocks are a leading indicator of economic growth and disappointingly recent breadth measures suggest that economic activity may slow over the next several months.
In the charts below, we show the percentage of stocks trading above the 200-day moving average for various market aggregates, regions and sectors (with a 1-quarter lead) against the 3-month moving average of the ISM Manufacturing Index.
The Global Bear Market In Freedom
Submitted by Erico Matias Tavares via Sinclair & Co.,
Americans will be celebrating Memorial Day this weekend, to honor those who fought and died for the values they have traditionally cherished the most as a nation: life, liberty and the pursuit of happiness.
Tiffany Shares Slide After Biggest Sales Drop In 6 Quarters, EPS Miss, Guidance Cut
Iconic jeweler Tiffany reported Q1 earnings which continued the recent slide in top and bottom line on the back of a clearly weaker domestic and global consumer, and which not only missed the top and bottom line, printing at $891.3MM (exp. 914.9MM) and $0.64 (exp.
Never Been Richer - Investors Are Paying Historically High Multiples For Sales
Submitted by Eric Bush via Gavekal Capital blog,
By any measure, DM Americas stocks aren’t cheap. The median price to cash flow ratio in the GKCI DM Americas Index is a hefty 12.39x.