Last week, during the three days through Wednesday (April 30), advancing issues
bested decliners by more than 30 percent.
outnumbered declining ones 416 to 391 with 74 others closing unchanged.
outnumbered decliners by an 11-to-7 margin on the New York Stock Exchange, one of the strongest ratios in recent sessions.
Breadth turned positive, with advancing issues
edging declining issues by 16 to 15 on the NYSE, and by 21 to 16 on the Nasdaq," stated Peter Antipatis.
outnumbered declining ones 1,443 to 147, with 76 others ending the morning unchanged on the First Section.
Despite the decline, advancing issues
outnumbered declining ones 433 to 387, with 70 ending the session unchanged.
Despite the rout among blue chips, advancing issues
had a strong 2-to-1 lead on decliners on the NYSE, helped by some strong earnings reports and merger news.
In the 1970's and '80's, when fewer stocks traded publicly on the New York Stock Exchange, a three-day-consecutive occurrence of 1,000 or more advancing issues
in total, wherein one of those days produces considerably more (at least 1,000 advances greater than the number of declines), would often assert itself shortly after a significant stock market decline (which many people would call a "bear market"), usually at the very beginning of an upturn.
outnumbered declining ones 1,050 to 366, with 222 others ending the morning unchanged on the First Section.
Nasdaq) led advancing issues
, nearly tripling over the week, to $4.
outnumbered declining shares 514 to 330 with 96 stocks rising by their 15% daily limit.
outnumbered decliners by a 6-to-5 margin on the New York Stock Exchange, where volume was strong at a revised 1.