S&P 500 closed week at another ATH, printing best weekly performance since Feb, albeit shallow b

0
169

S&P 500 closed week at another ATH, printing best weekly performance since Feb, albeit shallow breadth of rally may be a warning signal, BBG’s Ye Xie writes. 48% of S&P 500 members trading >50d moving average, the lowest percentage since 1999, suggesting the rally lacks momentum. h/t Holger Zschaepitz

S&P 500 closed week at another ATH, printing best weekly performance since Feb, albeit shallow b

Our Twitter for Quick Updates: Twitter Follow Us

LEAVE A REPLY

Please enter your comment!
Please enter your name here

one × 3 =

Leave the field below empty!

This site uses Akismet to reduce spam. Learn how your comment data is processed.