Market breadth has collapsed to negative 11%—meaning only 89% of S&P 500 constituents are up versus 11% down—with this negative breadth occurring for 11 consecutive days while the S&P 500 index itself is up 80 basis points; this is unprecedented since the late 2021 period and has previously only occurred alongside major market declines
factualpending
Speaker
Brent KachubaEvidence Quote
“negative breath in the s&p500 is hit 11% that's unprecedented since I think that's late 2021... the only time in the last 20 years 25 years that we've had negative breadth and the S&P 500 is up”
Source
Tesla, MicroStrategy and An Inside Look at the Biggest Options Expiration in Market History— Excess ReturnsCreated: 8/11/2026, 8:03:54 AM
My Notes
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