A bit of perspective on the mildness of the recent pullback, CJ Mendes provides a graph of the...

|By:, SA News Editor

A bit of perspective on the mildness of the recent pullback, CJ Mendes provides a graph of the percentage of NYSE stocks 2 standard deviations below their 200-day moving average. It's at the high end of the range, but not at an extreme, nor anywhere close to the levels reached during last fall's great buying opportunity.