by kleinbl00

There is also the nagging problem of the narrowness of the stock market's rally since Election Day. Consider that on Friday there were just 220 net advancing issues on the NYSE compared to nearly 2,000 during Monday's "Hillary is saved!" rally. Or that just four Dow stocks — Goldman Sachs (GS), Caterpillar (CAT), JPMorgan (JPM) and Home Depot (HD) — were responsible for half the index's gain last week. Or that the performance divergence between the Dow and the tech-heavy Nasdaq (down on fears of a clampdown on skilled H-1B visas used heavily by Silicon Valley) was the largest since the financial crisis.

rd95