Market/ETF Commentary – A Big Split, Defensive Groups Lead, Uranium Firms, Oil Bounces, Base Metals Break (Premium)
The Composite Breadth Model flipped back to bullish with the bounce in stocks over the last five days. Even so, the market remains quite divided right now. Large-caps are still leading, small-caps are still lagging and mid-caps remain caught in the middle. The divide is visible within some sectors as well.