Desk universe
The Market desk's own list of liquid U.S. stocks and funds that its breadth, internals and scans are counted over.
Exchange-wide breadth needs every listed issue; the desk counts its own list instead. Breadth, TRIN, TICK, VOLD and new highs and lows count single stocks only — funds, indexes and futures are left out so they do not count the same trading twice.
How to use it
When a figure is described as the desk's, read its direction and turns; its level is not the exchange's print.
Limitations
A narrower base than the NYSE or Nasdaq composites, weighted toward large, liquid names.
In Kereon
Market. Every Pulse, Breadth and Radar figure is computed over it.
Also called: universe, desk list, the desk.