Helene Meisler writes a daily technical analysis column and TheStreet Top Stocks. For more information, click here. Meisler spent more than a decade on the sell side as a market technician covering institutional accounts at various investment banks in New York City, including Cowen & Co. and Goldman Sachs. In addition she worked at Cargill in Minneapolis where she managed equity money for three years. She received her bachelor's degree in business from Pace University.
Breadth looks like it did in late February as the McClellan Summation Index starts to roll over -- from a lower high.
Despite cries that call for Medicare for All is causing declines, early readings showed creep toward Realization Day for sector.
The Investors Intelligence Bulls hit 54.9%, so close to that turning point of 55%, when the spiral upward to frothy starts.
Monday's sideways action was in keeping with the market's pattern of late.
Monday's action follows a pattern that's been present in the markets for a while now.
While everyone was talking about stocks on Friday, news of bonds got neglected, so pay attention now.
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