That’s the warning from Apollo’s Torsten Sløk, who tells investors not to mistake owning the S&P 500 with having a diversified portfolio. The problem is the growing number of companies that ...
In each of the last five trading days, at least 68% of S&P 500 stocks advanced. Since 1937, there have been only 7 instances when more than 68% of S&P 500 stocks have advanced for 5 straight days ...
The stock market did great last week, but did you notice the record streak of breadth? In each of the last five trading days, at least 68% of S&P 500 stocks advanced. That’s the first time so many ...
The stock market roared back on Friday, but it’s not out of the woods yet. The S&P 500 was up 1.5%, while the Dow was up 641 points, or 1.5%. The Nasdaq Composite was up 1.5%. The Dow entered ...
Roughly 30% of the S&P 500’s revenues come from overseas, leaving the index moderately exposed to this trend, according to Goldman Sachs' Chief U.S. Equity Strategist David Kostin, as cited by ...