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Market rally broadens beyond Mag 7, Jurrien Timmer notes

Market rally broadens beyond Mag 7, Jurrien Timmer notes
U.S. market rally broadens, breadth at 68 percent

Jurrien Timmer observes that the U.S. market has shown notable improvement in recent weeks. According to Timmer, the performance has broadened as major technology stocks—the so-called Mag 7—pause, while the rest of the market continues in a solid uptrend. Market breadth is now at a healthy 68 percent.

Timmer previously highlighted that market gains were largely concentrated in AI stocks, with other sectors lagging behind recent highs. In a separate observation, he reported that gold and Bitcoin both experienced significant declines following heavy liquidations. These earlier trends contrast with the current improvement in market breadth.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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