Wall St Week Ahead Strength in megacap stocks masks broader U.S. market woes

-- have gained between 4.5% and 12% since March 8, when troubles at Silicon Valley Bank set off banking system worries. In that period, the S&P 500 has fallen 0.5%.

Strength in megacaps also cloaks weakness elsewhere. Measures of market breadth have turned more negative, while the equal-weighted S&P 500Investors are bracing for more banking sector volatility next week, after sharp declines in shares of European giants The weight of the top five S&P 500 companies has rebounded to 21.7% from 18.8% for the top five stocks at the end of 2022.As megacaps have rallied, some indicators of breadth, which technical analysts view as gauges of broad market health, have darkened recently.

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Bank fears will likely lead to even more market volatility in the week aheadMarket turbulence could reign supreme once again in the week ahead, as investors worry about the potential for more trouble rippling through the banking system. Haaaaaaahaaaaaaa How about Free Money doesn't work?
Source: CNBC - 🏆 12. / 72 Read more »