News about Dow, Stock market

S&P 500’s price/sales ratio has rolled over a bit but still looks stretched relative to history pic.twitter.com/4rZf1gk8Zt

Utilities sector soared today but continues to lag MTD and is only up marginally YTD; Tech fell hard and continues to distance itself from Comm Serv and Energy in YTD terms … small caps underperformed today but NASDAQ also had a rough session (and is lagging behind S&P 500 YTD) pic.twitter.com/ilnekdxj2L

Stocks Can Go Down I take a look at how even the best years have some rough patches. '24 isn't going to be any different. www.carsongroup.com/insights/blog/stocks-can-go-down/

First close beneath the 50-day MA for the S&P 500 in 110 trading days, longest since 2011. Looking at when streaks over 100 days ended showed stocks were higher 3 mos later 88% of time and 6 mos later 81% of time. A warning? Maybe, but maybe not. pic.twitter.com/kFuB2G5gbo