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Stocks: Sub Surface Deterioration

Monday, October 31, 2016 21:49
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(Before It's News)

Written by Jim Welsh

Macro Tides Technical Review 31 October 2016

Over the last 5 weeks, a review of the S&P makes it appear that not much has been going on. Since September 22, the S&P has only dipped -2.34%, which is not much of a decline over 5 weeks of trading. But that sanguine overview is masking what’s going on under the surface. While the S&P has only fallen by -2.34% since September 22, the Russell 2000 has lost -5.7%, 2.4 times as much as the S&P.

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