Jun. 5 at 7:34 AM
Market Monitor, June 05 (BMO) - Markets digest soft data 📉 but breadth holds up:
•
$DHI +4.4% on falling yields
•
$CRWD -5.7%, revenue disappointed
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$DLTR -8.37% due to tariff uncertainty
•
$ON +6.14% > early signs of recovery in the industrial and automotive markets
• QQQ +0.3% | DIA -0.2% | SPY -0.0%
• 72% of stocks > 50d MA
• New Highs > New Lows (4.0% vs 0.5%)
Rally isn’t over, just catching its breath?
#stocks #breadth #marketupdate #SP500 #Nasdaq
Full Market Monitor Trends & Breadth Analysis Report available: https://chartmill.substack.com/p/market-breadth-and-trends-june-05