The NASDAQ marketplace houses many of the biggest and most impactful stocks. As a result, NYSE statistics may not provide the most accurate picture. For instance, in the current year, the NASDAQ Composite, NASDAQ-100, and S&P 500 have all outperformed broader indexes substantially. This is because these indexes are primarily influenced by a handful of large Tech stocks. As such, relying solely on NYSE breadth statistics may overlook these crucial stocks that have a significant impact on the U.S. market.
Lowry Special Report Combined NYSE/NASDAQ Breadth
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The market likely remains vulnerable to further downside...Read more