Daily Report : A whole week with more than 90% of S&P members in short-term uptrends

Jason Goepfert
2022-01-03
After a mild oversold reading in December, more than 90% of stocks in the S&P 500 traded above their 10-day moving averages. That thrust continued for all of the last week of December, one of the longest positive streaks in 70 years. Similar behavior preceded more gains for the index.

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