Market Pulse on February 19th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3386,15 +15,86.

The S&P 500 closed again at new highs but breadth deteriorated somehow as advancing stocks topped declinings by a not so impressive margin: 2065 stocks advanced compared to 1591 that settled down. A divergence is starting to arise between the 3 major indexes, the Dow Jones industrials is a clear lagard compared to the Nasdaq Composite Index, is it a warning sign of an impending correction? Time will tell when the liquidity effect will start to dry up as springtime approaches.

 

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