Wide Breadth of Stock Market Decline Leaves Only 4% of S&P Above 50-Day SMA

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The recent stock market decline has not only been sharp – shedding the year’s worth of gains in a matter of weeks – but it’s also had some very impressive breadth. Bespoke Investment reports that just 4% of S&P 500 stocks current sit above their 50-day moving average.  So, everything is getting clobbered! The percentage […]

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