Indexes, and safe havens, rally without bringing members along

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-06-23 at 09:24:00 CDT

The S&P 500 is more than 3% above its 200-day average, with fewer than 45% of its stocks rising above their own averages. That hasn't happened since 2000. It's also odd that the Nasdaq hit a 52-week high on the same day as gold, a safe-haven asset. This adds to discomforting oddities triggering in the current market.

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