"Breadth Is Iffy" - This Is The Chart That Goldman's Hedge Fund Honcho Is Watching For "The Next Phase" In Markets

Authored by Tony Pasquariello, Goldman Sachs head of hedge fund coverage,

Tell me if this sounds familiar:

breadth is iffy and small cap underperforms, yet S&P is making higher highs and the Magnificent Seven remains the best game in town (with competition from Japan).