MMFI Since beginning of 24, there is minimal breadth.
Rally till end Mar was driven by FAANG, Mag7, Nvidia. SMCI, AI etc.
After Jan earnings there was a broader rally till early till that time fear of rate cuts went up and market crashed
Percent of Stocks Above 50-Day Average forum
MMFI Since beginning of 24, there is minimal breadth.
Rally till end Mar was driven by FAANG, Mag7, Nvidia. SMCI, AI etc.
After Jan earnings there was a broader rally till early till that time fear of rate cuts went up and market crashed