Day

January 27, 2021

The outperformance of equal weight versus market cap weighted industries is another sign of broadening market breadth.

  In a September update, we noted that indices, like the NASDAQ and S&P 500, were reaching new highs, but only a small number of the mega-cap stocks were contributing to the overall index performance.  In late November, we noted that market breadth was improving in the U.S. and internationally.  One of the drivers of...
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