Chart Update of Global Stock Market Internals

Below is a quick and dirty of the state of global stock market internals. We try to hit on a few of the major categories to give a good cross section of what the internals look like. Generally, we observe that stocks have recovered from the oversold condition in October, but momentum and breadth continue to be weak. Despite new cycle highs in stock indexes, very few individual stocks are making new 200-day highs.


Overbought/Oversold Indicator:











Momentum Indicator:











Breadth Indicator:











Breadth Indicator:











New Highs: