Stat of the Day: Heat Map of Stock Performance Looks Good Today
Courtesy of FinViz.com, these heat maps give you an idea of the breadth of the stock market rally. Look at the year’s heat map to see what a broader recovery in shares looks like over a longer time frame. My takeaway is that the rally in shares wasn’t that broad-based over the past few weeks but, curiously, given some of the weak data in the US, it is starting to broaden.
Here’s today – very broad-based rally:
Here’s the past week:
And here’s the past month:
Finally, the last year: