Summary: The US market has recently experienced three “volume thrusts”, meaning volume traded in advancing stocks overwhelmed volume traded in declining stocks. A “breadth thrust” occurred over the same period, meaning the 10-day total of advancing stocks outpaced the number of declining stocks by a wide margin.
Key take-out: These indicators are typically bullish and some commentators infer that the US rally is firing on all cylinders.
Key beneficiaries: General investors. Category: Shares.