decliners outpacing advancers as the markets make a new (short-term) high today, especially with the Q’s up over 1%, helps to indicate that the recent rally might be running out of steam. also note how the small caps, financials and reits are lagging today, another non-confirmation of today’s new highs in the SPX and QQQ.
Advances & Declines
| NYSE | AMEX | NASDAQ | BB | |
|---|---|---|---|---|
| Advancing Issues | 1,508 (48%) | 813 (60%) | 1,090 (43%) | 277 (34%) |
| Declining Issues | 1,566 (49%) | 501 (37%) | 1,330 (52%) | 318 (38%) |
| Unchanged Issues | 96 (3%) | 45 (3%) | 114 (4%) | 231 (28%) |
| Total Issues | 3,170 | 1,359 | 2,534 | 826 |