SentimentEdge report

Jason Goepfert

12-08-2020 at 10:20 am

Uptrends and records are the norm

Almost all stocks in the S&P 500 are above their 200-day moving averages. All industries, sectors, and developed countries are, too. The index itself is historically stretched against its average, as all of the 'big four' indexes hit record highs together. This type of activity has usually preceded some short-term weakness.

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