Breadth, MACD, RSI, Consumer, Junk Bonds All Confirm This Overheated Rally’s Strength
Tuesday, June 10, 2014 4:24 PM EDT
Back in April there were several market pundits making the claim that the large cap S&P 500 (SPX) (SPY) and Dow (INDU) (DIA) indices would soon play catch up with the beaten up small cap Russell 2000 index (RUT) (IWM) and the technology-heavy NASDAQ composite (COMP) (IWM).