Feeling shut out of this hot market? Maybe some FOMO — fear of missing out. You're not alone. The S & P 500 keeps plowing through record highs in the first week of December after November posted the best monthly gains of the year. All that buying, however, has pushed the market into overbought territory, according to the S & P 500 Short Range Oscillator , a technical indicator Jim Cramer has used for decades to track trading momentum.
He cited accelerating cost savings, making sure there's plenty of supply in the U.S., and how to balance incremental price increases. Those possibilities are being explored but no decisions will be made until tariff plans become policy. Hankinson's comments came on the heels of the company's announcement that it's selling the Svedka vodka brand. That's a positive move to address Constellation's struggling wine and spirits business.
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