Percentage of S and P 500 Stocks Above 50-Days Down to 4%

via Steve Cook

clipped from www.bespokeinvest.com The percentage of stocks in the S&P 500 now trading above their 50-day moving averages is down to 4%.  At the March 2009 lows, the reading only got down to 5%, so that gives investors a good idea of just how extreme this decline has gotten.