a. Explain what the term market breadth means.
b. Explain what the terms positive divergence and negative divergence mean.
c. An analyst appearing on the financial news made the following statement: "Since the recent run-up in the S&P 500 has been accompanied by weak internals, I do not have much confidence that the uptrend in the S&P 500 will continue much longer." Explain what the analyst means by weak internals. What types of statistics has the analyst been looking at to determine that the market internals were weak?