But market breadth concerns loom as fewer stocks participate in the rally, indicating potential bearish signals.
This is further reinforced by fewer stocks reaching new 52-week highs and trading above their 200-day moving average compared to March. This lack of volatility is surprising, especially considering ongoing concerns about interest rates, inflation, and geopolitical risks. Even with these factors in play, market reactions to data releases and news have been muted.
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Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »