Charts of the Day: Not-So-Fresh Breadth

Looking at the market action today:  US stocks up -- while 45% of SP500 members, same for the Nasdaq, are in the red -- I'm inspired to update our breadth-trend charts for you.

First up is the SP500 (white) versus the SP500 Equal Weight (green).

SP500 is historically (these days) dominated by a small handful of stocks, while the SP500 Equal Weight gives each member equal weighting... I.e., per the below, all boats are not rising with the tide of late:

SP500 (top panel), SP500 Advance/Decline line (bottom):

SP500 (top panel), SP500 members trading above their 50-day moving average (bottom):

SP500 (top panel), SP500 members trading above their 200-day moving average (bottom):

Scariest of all: Nasdaq Composite Index (top panel), Nasdaq Advance/Decline Line (bottom):

Sector by sector; real estate, healthcare, materials, consumer staples and utilities are all in the red this morning.

Bottom line: While we're not necessarily bearish on the US equity market in the short-run, longer-term fragility remains a concern.