{"id":62171,"date":"2022-12-05T16:12:00","date_gmt":"2022-12-06T00:12:00","guid":{"rendered":"https:\/\/drduru.com\/onetwentytwo\/?p=62171"},"modified":"2022-12-05T22:59:26","modified_gmt":"2022-12-06T06:59:26","slug":"good-economic-news-sends-stocks-into-rapid-retreat-the-market-breadth","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2022\/12\/05\/good-economic-news-sends-stocks-into-rapid-retreat-the-market-breadth\/","title":{"rendered":"Good Economic News Sends Stocks Into Rapid Retreat &#8211; The Market Breadth"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Stock Market Commentary<\/strong>: <\/h2>\n\n\n\n<p>I expressed my <a href=\"https:\/\/drduru.com\/onetwentytwo\/2022\/11\/30\/stocks-rush-back-to-overbought-despite-powells-fresh-inflation-fighting-warnings-the-market-breadth\/\">surprise<\/a> after the stock market soared in response to Fed Chair Jerome Powell&#8217;s inflation-fighting speech. I thought Powell simply reiterated known information with more reminders of the Fed&#8217;s inflation-fighting commitment. Since then, two strong economic reports in a row have sent the stock market into rapid retreat from that post-Powell celebration. On Friday, <a href=\"https:\/\/www.bls.gov\/news.release\/archives\/empsit_12022022.htm\" target=\"_blank\" rel=\"noreferrer noopener\">the November job&#8217;s report<\/a> once again delivered job growth, this time to the tune of 263,000 with a stubbornly unchanged 3.7% unemployment rate. The data further defied those who think the economy is already in recession when the Institute for Supply Management (ISM) reported <a href=\"https:\/\/www.reuters.com\/markets\/us\/us-service-sector-activity-picks-up-november-ism-survey-2022-12-05\/\" target=\"_blank\" rel=\"noreferrer noopener\">a 30th straight month of expansion for the service economy<\/a>. Business activity even hit an 11-month high. While the stock market rebounded from Friday&#8217;s disappointment, Monday&#8217;s good news sent the market into rapid retreat.<\/p>\n\n\n\n<p>As a reminder, good economic news is bad news for the stock market as long as the Fed is in inflation-fighting mode. <a href=\"https:\/\/drduru.com\/onetwentytwo\/2022\/07\/10\/why-wall-street-wants-a-recession\/\">Wall Street wants a recession<\/a> so that the Fed will stop tightening monetary policy and perhaps even start reversing rates (to the market&#8217;s delight). For now the economic data continue to elude the folks who insist that a recession started earlier this year. The constant calls for a recession will perhaps make the eventual onset of an official recession, one of the most anticipated and most welcomed economic slowdowns ever.<\/p>\n\n\n\n<br><script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\n<ins class=\"adsbygoogle\" style=\"display:block; text-align:center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-1196033822186410\" data-ad-slot=\"3478942445\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><br>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Stock Market Indices<\/strong><\/h2>\n\n\n\n<p>The S&amp;P 500 (SPY) lost 1.8% and lost its bullish positioning above its 200-day moving average (DMA) (the blue line below) and the May, 2021 low. On Friday, the index made a feeble recovery from the shock and awe of yet another strong jobs report. Monday&#8217;s good news on the economy was just too much to bear. The uptrending 20DMA (the dotted line below) still offers reassurances. Otherwise, the S&amp;P 500 will confirm its 200DMA breakdown and set up a run to test the converging support from the bear market line and the 50DMA (the red line below).<\/p>\n\n\n<div class=\"wp-block-image is-style-default\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-SP-500-SPY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1057\" height=\"499\" src=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-SP-500-SPY.png\" alt=\"The S&amp;P 500 (SPY) never confirmed its 200DMA breakout. Will it now confirm this 200DMA breakdown?\" class=\"wp-image-62179\" title=\"S&amp;P 500 (SPY)\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-SP-500-SPY.png 1057w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-SP-500-SPY-768x363.png 768w\" sizes=\"auto, (max-width: 1057px) 100vw, 1057px\" \/><\/a><figcaption class=\"wp-element-caption\"><strong><em>The S&amp;P 500 (SPY) never confirmed its 200DMA breakout. Will it now confirm this 200DMA breakdown?<\/em><\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-5e6b19ed wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/drduru.com\/onetwentytwo\/subscribe\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:#0693e3\" class=\"has-inline-color has-white-color\">Subscribe to this blog for FREE!<\/mark><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>The NASDAQ (COMPQ) also still has reassurances from uptrending 20DMA support. A 1.9% loss left that key support intact. There is a short distance from there to an even more important test of 50DMA support.<\/p>\n\n\n<div class=\"wp-block-image is-style-default\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-NASDAQ-COMPQ.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1057\" height=\"496\" src=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-NASDAQ-COMPQ.png\" alt=\"The NASDAQ (COMPQ) lost 1.9% but still closed above uptrending 20DMA support.\" class=\"wp-image-62180\" title=\"NASDAQ (COMPQ)\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-NASDAQ-COMPQ.png 1057w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-NASDAQ-COMPQ-768x360.png 768w\" sizes=\"auto, (max-width: 1057px) 100vw, 1057px\" \/><\/a><figcaption class=\"wp-element-caption\"><strong><em>The NASDAQ (COMPQ) lost 1.9% but still closed above uptrending 20DMA support.<\/em><\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<p>The iShares Russell 2000 ETF (IWM) had the worst day of the major indices. Not only did IWM under-perform with a 2.8% loss, but also the ETF of small caps completely reversed all its gains from <a href=\"https:\/\/drduru.com\/onetwentytwo\/2022\/11\/30\/stocks-rush-back-to-overbought-despite-powells-fresh-inflation-fighting-warnings-the-market-breadth\/\">the stock market&#8217;s surprisingly bullish reaction to Powell&#8217;s speech<\/a> last week. Moreover, unlike the S&amp;P 500 and the NASDAQ, IWM closed below its 20DMA support. Another close lower would confirm the breakdown and setup a test of 50DMA support.<\/p>\n\n\n<div class=\"wp-block-image is-style-default\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-iShares-Russell-2000-ETF-IWM.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1058\" height=\"503\" src=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-iShares-Russell-2000-ETF-IWM.png\" alt=\"The iShares Russell 2000 ETF (IWM) lost 2.8% and sliced through both 200DMA and 20DMA supports. Can IWM rebound from 20DMA trouble once again?\" class=\"wp-image-62181\" title=\"iShares Russell 2000 ETF (IWM)\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-iShares-Russell-2000-ETF-IWM.png 1058w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-iShares-Russell-2000-ETF-IWM-768x365.png 768w\" sizes=\"auto, (max-width: 1058px) 100vw, 1058px\" \/><\/a><figcaption class=\"wp-element-caption\"><strong><em>The iShares Russell 2000 ETF (IWM) lost 2.8% and sliced through both 200DMA and 20DMA supports. Can IWM rebound from 20DMA trouble once again?<\/em><\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"stock-market-volatility\"><strong>Stock Market Volatility<\/strong><\/h2>\n\n\n\n<p>The volatility index (VIX) added to bearish developments by completely rejecting the bullish implications of Friday&#8217;s breach of the key 20 support level. The VIX gapped up from the open and even made incremental gains from there. The 8.9% pop left the overall downtrend intact, but the VIX now looks positioned to end that downtrend in due time.<\/p>\n\n\n<div class=\"wp-block-image is-style-default\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-volatility-index-VIX.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1057\" height=\"501\" src=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-volatility-index-VIX.png\" alt=\"The volatility index (VIX) promptly invalidated last week's bullish breach of the 20 level. The VIX gained 8.9%.\" class=\"wp-image-62182\" title=\"volatility index (VIX)\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-volatility-index-VIX.png 1057w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-volatility-index-VIX-768x364.png 768w\" sizes=\"auto, (max-width: 1057px) 100vw, 1057px\" \/><\/a><figcaption class=\"wp-element-caption\"><strong><em>The volatility index (VIX) promptly invalidated last week&#8217;s bullish breach of the 20 level. The VIX gained 8.9%.<\/em><\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"the-short-term-trading-call-with-a-promising-divergence\" style=\"font-style:normal;font-weight:700\"><strong>The Short-Term Trading Call On A Rapid Retreat<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>AT50<\/strong> (MMFI) = 66.0% of stocks are trading above their respective 50-day moving averages (ends 3 overbought days)<\/li>\n\n\n\n<li><strong>AT200<\/strong> (MMTH) = 43.9% of stocks are trading above their respective 200-day moving averages<\/li>\n\n\n\n<li><strong>Short-term Trading Call<\/strong>: cautiously bearish<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/drduru.com\/onetwentytwo\/t2108-resource-page\/\">AT50<\/a> (MMFI), the percentage of stocks trading above their respective 50DMAs, dropped 8 percentage points and brought the latest overbought period to an end at 3 days. Per the AT50 trading rules, I once again downgraded the short-term trading call. I went from neutral to cautiously bearish. Given the prospects for more chop and churn to come, I have resolved to maintain this bearish stance even if the market flips right back into overbought territory. Sticking with a bias will provide better focus to short-term trades; that is, I will focus on fading rallies in anticipation of the next rapid retreat.<\/p>\n\n\n\n<p>The bearish signals are accumulating despite the seasonal tailwinds for the stock market. The VIX rejected the 20 breakdown, IWM keeps testing 20DMA support, and both the S&amp;P 500 and IWM failed to hold 200DMA breakouts. Add the Australian dollar versus the Japanese yen (AUD\/JPY) to the swirl. <a href=\"https:\/\/drduru.com\/onetwentytwo\/2019\/04\/13\/why-australian-dollar-japanese-yen-matter-for-stock-traders\/\">This forex indicator of risk appetite<\/a> broke down the day after the stock market celebrated Powell&#8217;s speech. The rapid retreat was an early warning signal for this freshly bearish turn in the stock market. Confirmation will come in the form of a close below the October lows. <\/p>\n\n\n<div class=\"wp-block-image is-style-default\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-Australian-Dollar-Japanese-Yen-AUDJPY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1061\" height=\"501\" src=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-Australian-Dollar-Japanese-Yen-AUDJPY.png\" alt=\"The Australian Dollar Japanese Yen (AUD\/JPY) flashed a warning last week with a 200DMA breakdown. Closing below the October low would confirm a bearish turn in sentiment from the currency market.\" class=\"wp-image-62183\" title=\"Australian Dollar Japanese Yen (AUD\/JPY)\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-Australian-Dollar-Japanese-Yen-AUDJPY.png 1061w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-Australian-Dollar-Japanese-Yen-AUDJPY-768x363.png 768w\" sizes=\"auto, (max-width: 1061px) 100vw, 1061px\" \/><\/a><figcaption class=\"wp-element-caption\"><strong><em>The Australian Dollar Japanese Yen (AUD\/JPY) flashed a warning last week with a 200DMA breakdown. Closing below the October low would confirm a bearish turn in sentiment from the currency market.<\/em><\/strong><\/figcaption><\/figure>\n<\/div>\n\n<div class=\"wp-block-image is-style-default\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-AT50-MMFI.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1054\" height=\"496\" src=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-AT50-MMFI.png\" alt=\"The AT50 (MMFI) ended 3 days in overbought territory with an 8 percentage point plunge.\" class=\"wp-image-62184\" title=\"AT50 (MMFI)\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-AT50-MMFI.png 1054w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-AT50-MMFI-768x361.png 768w\" sizes=\"auto, (max-width: 1054px) 100vw, 1054px\" \/><\/a><figcaption class=\"wp-element-caption\"><strong><em>The AT50 (MMFI) ended 3 days in overbought territory with an 8 percentage point plunge.<\/em><\/strong><\/figcaption><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1056\" height=\"497\" src=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-AT200-MMTH.png\" alt=\"AT200 (MMTH) remains in a bullish uptrend despite the day's large setback.\" class=\"wp-image-62185\" title=\"AT200 (MMTH)\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-AT200-MMTH.png 1056w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/120522-AT200-MMTH-768x361.png 768w\" sizes=\"auto, (max-width: 1056px) 100vw, 1056px\" \/><figcaption class=\"wp-element-caption\"><strong><em>AT200 (MMTH) remains in a bullish uptrend despite the day&#8217;s large setback.<\/em><\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<p>Be careful out there!   <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"footnotes\"><strong>Footnotes<\/strong><\/h2>\n\n\n\n<p>&#8220;Above the 50&#8221; (AT50) uses the percentage of stocks trading above their respective 50-day moving averages (DMAs) to measure breadth in the stock market. Breadth defines the distribution of participation in a rally or sell-off. As a result, AT50 identifies extremes in market sentiment that are likely to reverse. Above the 50 is my alternative name for &#8220;MMFI&#8221; which is a symbol TradingView.com and other chart vendors use for this breadth indicator. Learn more about AT50 on my <a href=\"https:\/\/drduru.com\/onetwentytwo\/about\/t2108-resource-page\/\">Market Breadth Resource Page<\/a>. AT200, or MMTH, measures the percentage of stocks trading above their respective 200DMAs.<\/p>\n\n\n\n<p><strong><strong><strong><strong>Active AT50 (MMFI) periods:<\/strong><\/strong> <\/strong><\/strong>Day #35 over 20%, Day #31 over 30%, Day #29 over 40%, Day #17 over 50%, Day #17 over 60%, Day #1 under 70% (underperiod ended 3 days overbought)<\/p>\n\n\n\n<p>Source for charts unless otherwise noted: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>TradingView.com<\/strong><\/a><\/p>\n\n\n\n<p><strong>Full disclosure:<\/strong>  long IWM calendar call spread, short IWM put spread, long SPY calendar call spread<\/p>\n\n\n\n<p><strong>FOLLOW Dr. Duru&#8217;s commentary on financial markets via <a href=\"https:\/\/stocktwits.com\/DrDuru\" target=\"_blank\" rel=\"noreferrer noopener\">StockTwits<\/a>, <a href=\"https:\/\/twitter.com\/DrDuru\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a>, and even <a href=\"https:\/\/www.instagram.com\/drduru_market_breadth\/\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a>!<\/strong><\/p>\n\n\n\n<p>*Charting notes: Stock prices are not adjusted for dividends. Candlestick charts use hollow bodies: open candles indicate a close higher than the open, filled candles indicate an open higher than the close.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock Market Commentary: I expressed my surprise after the stock market soared in response to Fed Chair Jerome Powell&#8217;s inflation-fighting speech. I thought Powell simply reiterated known information with more reminders of the Fed&#8217;s inflation-fighting commitment. Since then, two strong economic reports in a row have sent the stock market into rapid retreat from that &#8230; <a title=\"Good Economic News Sends Stocks Into Rapid Retreat &#8211; The Market Breadth\" class=\"read-more\" href=\"https:\/\/drduru.com\/onetwentytwo\/2022\/12\/05\/good-economic-news-sends-stocks-into-rapid-retreat-the-market-breadth\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":62195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[483,59,20,62],"tags":[1820,2832,772,2201,1106,2218,1776,909,1634,413,65,362,2303,303,931],"class_list":["post-62171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breakdown","category-economy","category-forex","category-technical-analysis","tag-at200","tag-at50","tag-audjpy","tag-compq","tag-employment","tag-ishares-russell-2000-etf","tag-ism","tag-iwm","tag-jobs","tag-nasdaq","tag-sp-500","tag-spy","tag-trading-call-change","tag-vix","tag-volatility-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Good Economic News Sends Stocks Into Rapid Retreat \u2013 The Market Breadth<\/title>\n<meta name=\"description\" content=\"Two strong economic reports in a row have sent the stock market into rapid retreat from a post-Powell celebration.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drduru.com\/onetwentytwo\/2022\/12\/05\/good-economic-news-sends-stocks-into-rapid-retreat-the-market-breadth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Good Economic News Sends Stocks Into Rapid Retreat - The Market Breadth\" \/>\n<meta property=\"og:description\" content=\"Two strong economic reports in a row have sent the stock market into rapid retreat from a post-Powell celebration.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2022\/12\/05\/good-economic-news-sends-stocks-into-rapid-retreat-the-market-breadth\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-06T00:12:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T06:59:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/rapid-retreat.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dr. Duru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Good Economic News Sends Stocks Into Rapid Retreat - The Market Breadth\" \/>\n<meta name=\"twitter:description\" content=\"Two strong economic reports in a row have sent the stock market into rapid retreat from a post-Powell celebration.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2022\/12\/rapid-retreat.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@drduru\" \/>\n<meta name=\"twitter:site\" content=\"@drduru\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr. Duru\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2022\\\/12\\\/05\\\/good-economic-news-sends-stocks-into-rapid-retreat-the-market-breadth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2022\\\/12\\\/05\\\/good-economic-news-sends-stocks-into-rapid-retreat-the-market-breadth\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"Good Economic News Sends Stocks Into Rapid Retreat &#8211; 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