Powerful stock market rally still underpinned by huge number of advancing stocks

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Powerful stock market rally still underpinned by huge number of advancing stocks
Investment Strategy,Stock Markets,Markets

There is still a potent bull market occurring. Both the S&P 500 and Nasdaq Composite are up eight straight sessions.

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It's tempting to ignore the markets in the next two weeks, traditionally among the lightest trading days of the year. But there is still a powerful rally occurring.

's Robert Hum tells me both the S & P 500 and Nasdaq Composite are up eight straight sessions – the longest advances since November of last year for the S & P 500 and December for the Nasdaq. The S & P has risen 7% during the last eight trading days. That would be its strongest 8-day win streak since the nearly 12% rally in March 2003. Another positive factor: market breadth has been on a tear.

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