Surging S&P 500 Breadth

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Sectorally surging as everything not defensive advanced – but advance-decline line and new highs new lows are still very good – the key ratios keep pointing to there being more in this rally (bonds internally and stocks to bonds ratios). And as yesterday‘s retail sales didn‘t disrupt the no recession narrative or Fed having more room to turn hawkish – this and more covered in yesterday‘s video dissecting the early US session – stocks did shake off the initial hesitation, and decisively surged, delivering good trade opportunities. You can look forward to a new video soon where I would talk prec…

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