Thin Market

Lots of chatter on Twitter today about why the indexes were going up while the stocks on our screens were still in the red. 

Then Soren Macbeth directed us to the following chart from FinViz showing that the only stocks going up were, in fact, the large and mega caps, while everything else languished. Additional graphs here.

I don't have the slightest idea if we are near a bottom or not, but I do know we need greater breadth to these rallies if they are going to hold.