News about Stock market

Some all-time highs: Alphabet Microsoft Booking Hldgs TJX P&G Walmart AFLAC Ameriprise Moody's McKesson Boston Scientific Regeneron Motorola Roper Avery Dennison @CNBC

FUNDSTRAT: “.. We continue to be constructive on stocks in the near-term. In fact, the arguments against breadth, in our view, are misplaced. Consider: – 33% of S&P 500 is up >10% YTD – 24% of S&P 500 is up >15% YTD – 16% of S&P 500 is up >20% YTD – 8% of S&P 500 is up >30%… pic.twitter.com/s0SHUI0cno

S&P 500 Momentum Index is now up by nearly 60% year/year, in upper end of historical range ... only consistent with rebound from pandemic bear market and climb in late 1990s [Past performance is no guarantee of future results] pic.twitter.com/tnicv8pOm3

Large-cap growth not moving together as much right now ... rolling 30-day correlation between changes in Tech and Communication Services sectors has fallen sharply to a multi-year low pic.twitter.com/6tMtCBEevG