I was on The Morning Show on Stock Market TV today and discussed breadth, bull market behavior, and a brats > hot dogs pair trade with JC and Sean. I join the conversation near the 31 minute mark.
We looked at this chart that shows the market is currently in the second-longest streak of new highs > new lows since late 2021 and just completed the longest stretch of less than 1% swings on the S&P 500 in the same time period.
Periods of quiet strength are typically associated with a rising trend in stocks.
The rest of the charts that I sent over (but didn’t get a chance to discuss) are available here.
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