SFLA - The Market Money Flow: The Yellow Signals Are Flashing
After the recent sell-off in May, the market rebounded with major U.S. indexes reaching all-time highs.
However, taking a closer look at the current money flows reveals changes in the mood of investors.
Market breadth
The NYSE Composite Index represents 1900 companies that are listed on the NYSE exchange. The broad range of companies from different countries, sectors of the economy and capitalization levels constituting the Index make it a much better indicator of market performance than the narrow Indexes which are more frequently used.
It is important to understand that the capitalized weight structure