So many recoveries in trend, it's historic

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-05-28 at 10:15:00 CDT

A near-record number of stocks within the S&P 500 have recovered above their 50-day averages relative to their 200-day averages. The S&P index itself has moved from more than 25% below its 50-day to more than 10% above. And the S&P joined the Nasdaq as the two indexes leading the "big four" out of a major decline.

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