Are Stocks At A Precarious Pinnacle?

This is our weekly market update, starting with the US, Europe, Asia and Australia, as well as Oil and Crypto. The S&P 500 soared to fresh highs on Friday, but fewer stocks have been participating in the rally, stirring worries that recent gains could reverse if the market’s leaders stumble. We are talking market breadth, or the number of stocks taking part in a broader index’s rise. A high breadth is often viewed as a healthy sign by investors as it shows gains are less dependent on a small cluster of names. The reverse, a narrowing, on the other hand […]