Mid-week market update: The S&P 500 has risen to a new all-time high, and this move was well-telegraphed. I wrote on the weekend and characterized conditions "half-hearted buy signals that indicate low downside risk".
The S&P 500 subsequently staged an upside breakout from a bull flag to a fresh all-time high.
The full post can be found here.
A well-telegraphed market advance
June 05, 2024 at 16:15 PM EDT