The S&P 500 just hit an all-time high while decliners exceeded advancers for 5 consecutive trading days.
It's only happened twice before since 2005.
Both led to turbulence. Neither ended the bull market.
Are the bulls running out of troops?
๐https://t.co/zNhgbMfPTg
Is breadth sending a warning signal?
Join me live at 8 PM ET tonight as I break down what the market is really telling us.
๐ https://t.co/YdCmDyy9ol
Breadth is an issue here.
The S&P 500 has closed at a fresh all-time high in 4 of the last 5 trading days.
But under the surface, more stocks declined than advanced on every single one of those days.
That's not the kind of participation you typically want to see when an index is pushing to new highs.
๐ข 7 of 8 Bullish
๐ข Regime: Confirmed Bull Market
The S&P 500 just closed at another fresh all-time high.
Risk appetite hit its highest level since July 2023.
Global participation improved again. Internals pushed higher. Momentum strengthened.
The Breadth Thrust is still missing.
But the weight of the evidence remains bullish.
New weekly update is live. No paywall. Just data.
The S&P 500 has closed higher in 9 consecutive weeks, marking a historic run.
And this week, the bulls will try to extend this streak to double digits.
This has only happened 3 times in history: 1957, 1963, and 1985.
We could witness market history in June! ๐คฉ