Category Archives: Daily Top Ten

Topley’s Top 10 – July 13, 2020

1. The Difference in Tech Companies Over 200 Day Moving Average and S&P Companies Over 200 Day Moving Average at All-Time Highs

SentimenTrader notes This rally is ALL tech. While 76% of NASDAQ 100 members are above their 200 dma, less than 40% of S&P members are above their 200 dma. Tech is trying to lift up the index, other stocks aren’t participating. This has pushed the gap in breadth to an all-time high

Dave Lutz at Jones Trading.

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