A plethora of 90% days
Related to the medium-term breadth recovery, Monday's session was yet another day with at least 90% of volume flowing into advancing securities on the NYSE. In a premium note, Troy shows that there have been 6 days with 90% or more up volume in the past 50 sessions, nearing the most in 60 years. Several of the precedents saw some short-term whipping back and forth, but by six months later all 5 saw further gains in the S&P 500.
