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: