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But breadth has its advantages.
But breadth of experience doesn't always produce the goods.
When the DJIA closes higher in seven out of eight days, but breadth is positive (advancing stocks outnumber declining stocks) on only one of those days, then something is wrong.
One might be tempted to say that the market couldn't suffer a decline from here just because we're already somewhat oversold on a number of indicators (not volatility, but breadth and perhaps put-call ratios).
Nasdaq volume was slightly higher than the NYSE at 838 million shares, but breadth on the Nasdaq wasn't as good 1,798 issues gained ground while 2,140 fell.
Similar(52)
But the breadth of students' rights depends on the setting.
The Zune's features offer musical depth, but not breadth.
But their breadth and diversity capture Wall Street's diffuseness and variability.
But the breadth of his 2008 victory gives Democrats some encouragement.
But the breadth of Long Island, much of it low-density residential housing, makes its project unusual.
But the breadth of changes and how quickly they would be enacted remain open-ended.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com