1260 days ago • Posted by Charles-Henry Monchau
S&P 500: New High in New 52 Week High
As equities and other risk assets surge, a massive number of S&P 500 stocks are hitting new 52 week highs today. As shown in the chart below, as of midday 27.92% of S&P 500 stocks have reached new 52 week highs today and just one stock, Biogen (BIIB), is reaching a new 52 week low. The net reading of 27.72% is the highest reading for net new highs since January of 2018. Prior to that, you would need to go all the way back to May 22nd of 2013 to find the last time there was such a high reading - Source: Bespoke
