How exactly do you use breadth? Do you watch broad measures like RSP and net new highs, or the breadth of the leading stocks you track?

Mainly I use the number of stocks in my own watchlists. They are generally fast movers with a high ADR that I love to trade, and they were probably leaders at some point in the past months or quarters, because they had to be leaders for me to find them in my screens and add them to my watchlists. After they turn weak, I gradually downgrade them from leading to mediocre and then lagging. So all the stocks in my watchlist are leaders; it depends which period we are referring to. The equal-weight ETF, RSP, is not my favourite. I sometimes still look at it, but it is not the main thing.

Source: EP108 | 23 Oct 2026