40% of Russell 2000 companies now have negative earnings
This number is up more than 2x since 2006
And is comparable to the levels seen during the peak of the Financial Crisis pic.twitter.com/GllyXPaufT
— Bravos Research (@bravosresearch) December 2, 2023
What does a long-awaited broadening of breadth mean for the overall market?
Four out of four of the last times it meant the rally was over.
Good job everybody. pic.twitter.com/JwjHRIyfE7
— Mac10 (@SuburbanDrone) December 4, 2023