15 days ago • Posted by Martin Boujol

The S&P 500 on an upward trend

89% of the S&P 500 stock are above their highest 50-days average since last June, indicating a strong uptrend. Usually, when we reach the threshold of 90% of the stocks above their 50-day moving average, it indicates a rare and bullish signal. We're right on the edge!

Source: Strategas

Is the S&P 500 overvalued?
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