“...narrow breadth has long been a concern of market participants as a sign of a potential retreat in stocks. To the extent those same participants were short lagging names or sitting on the sidelines, the rotation caught them flat-footed. This is potentially bullish as improving breadth moves bears off the sidelines or short covering occurs among those playing the narrow breadth theme… the RUT all-time high combined with a multi-year high in short interest on its component stock is bullish, unless and unti ...

Group 1 - The stock market's rally on Tuesday has quickly diminished, with the S&P 500 down 0.1%, the Dow up 64 points (0.2%), and the Nasdaq Composite's gain reduced to 0.2% [1] - The market is experiencing a situation of "bad breadth," indicating that while some stocks are rising, the overall market performance is weak [2]