CMT - What's on the Horizon for 2019?

Market breadth really dried up to a very few names because those were the mega cap names of the day, right? IBM in the 80s is now the Facebook, Amazon Netflix, Google trade of 2022. But what's really interesting about the topping pattern is that when you get a really narrow market and the cap waiting within the S&P 500 is a cap weighted index, those nine names can carry the entire index even while there is absolute churn and destruction going on for most of the names below those top 10 holdings. We're looking at the reverse in terms of breadth thrusts to get out of bear market territory.