The S&P 500 is advancing even as as many as 9 of 11 sectors have been lower at times, signaling a narrowing rally and weaker internal breadth. Kevin Hincks also flags overbought technical conditions, which suggests the index may be vulnerable to a short-term pullback even though the headline market trend remains higher.
The S&P 500 is advancing even as as many as 9 of 11 sectors have been lower at times, signaling a narrowing rally and weaker internal breadth. Kevin Hincks also flags overbought technical conditions, which suggests the index may be vulnerable to a short-term pullback even though the headline market trend remains higher.
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mildly negative
Sentiment Score
-0.15
Ticker Sentiment
