Of the Fed, Fundamentals and Technicals
May 24, 2015 at 07:00 AM EDT
The S&P 500 continues registering highs for the record books. Yet, the benchmark is reaching new peaks with less participation from its constituents. Consider the chart of the Bullish Percentage Index (BPI) for the S&P 500. Typically, a stock market bull is at its healthiest when the...