Macro-Market Internals: Weekly Nifty 9

Research Report Excerpt #1 This Bloomberg chart was making the rounds this past week. Less than 45% of S&P 500 stocks trading above 50-DMA. The situation comes with the S&P 500 at all time highs, and of course the last time this happened was 1999/2000.  It seems as though anytime you correlate a chart of any kind…