Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
ISM Non Manufacturing came in a bit light at 56 but short of a blow out number like 60, I doubt it would have mattered. Breadth is the worse I’ve seen it in 2012, by a long shot. I have numerous watch lists, covering some 250-300 stocks or ETFs I’d reckon, and right now excluding the inverse ETFs, bond ETFs, and volatility ETFs there are 3 equities in the green on these lists. That is quite amazing.
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