Trying for a high, with fewer issues
When the major indexes rise but with odd internal readings, it has proven to be an effective heads-up that something is amiss and we should be on guard. For most of the past few months, participation underlying the major indexes has been pristine, so no real worries there. Wednesday was slightly different. The S&P 500 rose for the day, and it ticked at a 52-week high, but by the close, there were more than 75 declining than advancing stocks in the index.
Single days aren't a big worry, but if we continue to see behavior like this, it will be a warning sign.

