reached an all-time high this week; however, market internals continue to flash warning signs. A handful of large-cap semiconductor stocks appear to be propping up the market, but they may be the last chips to fall. Here are some of the factors that concern me:
The number of stocks within the S&P 500 index that are hitting new 52-week highs has been decreasing for the past couple of weeks, as the S&P 500 index reached an all-time high this week. The equal-weighted S&P 500 has not confirmed the new all-time high hit by the cap-weighted S&P 500 index.I have progressively reduced the total equity allocation in our client accounts.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dallasnews - 🏆 18. / 71 Read more »