The S&P 500 Just Matched a Record ‘Good Breadth’ Streak. What It Means for Returns Ahead.

The S&P 500 Just Matched a Record ‘Good Breadth’ Streak. What It Means for Returns Ahead.

In each of the last five trading days, at least 68% of S&P 500 stocks advanced. That’s the first time so many stocks have advanced without a break since 2019. Since 1937, there have been only 7 instances when more than 68% of S&P 500 stocks have advanced for 5 straight days, according to Jason Goepfert, founder of Sentiment Trader.

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