According to Goepfert's research, the S&P 500 has hit a three-year high, yet this achievement comes with less than 40% of stocks above their 10-day moving average, and similarly low percentages above their 50-day and 200-day averages. This situation has been paralleled only once since 1928, just before the historical market crash in 1929, underlining the critical nature of the current market imbalance.
This Financial Post article showcases SentimenTrader's pivotal role in providing deep, data-driven insights into the intricacies of market trends and investor strategies.