The recent up move in the market has come on waning market momentum and declining market breadth. Also the very narrow leadership shown by the FANG stocks is now developing cracks. With valuations still in the stratosphere and tightening by the FED still not priced in, these divergences are worth considering. Here are these and other stories from some of the best asset managers, market commentators, financial analysts and CMT's of today:
Some Developing Market Divergences
Bad Ideas Department Wants To Change The Name Of Oakland’s Airport
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A proposed name change from Oakland International Airport to San Francisco
Bay Oakland International Airport would confuse people. It should be
stopped.
15 minutes ago