Chart Talk {08.23.17}

From "Abnormal Returns" via "The Atlas Investor".  People that track the internals of the market like me love rallies where there is a broad participation of stocks.  By that I mean where many stocks comprising an average or index are going up along with the market.  By contrast, it is a worrying sign when fewer and fewer stocks participate in a rally.  We are seeing fewer stocks helping the averages along right now.  That is something for us to keep watching and some could see it as a clue that the rally we've seen the past year or so is perhaps getting long in the tooth.

More on this soon.