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Market Reading

Internals

Also called: market internals, breadth

Market breadth data showing how many stocks are moving higher versus lower on any given day. When 83% of stocks moved lower on a Thursday in February 2026 that was one of the worst intraday readings I could remember and it told me even the cyclical groups that had been working were starting to crack.

In Context

Internals improved to 70% of stocks up.

Character Change·Digest

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