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The SP500 closed the week at new all-time highs.
And a whopping 33 stocks on the NYSE closed at new highs. That's only 1.4% of stocks on the most important exchange in the world hitting new highs. Source: J.C. Parets @allstarcharts
S&P 500 continues to hit record highs on EXTREMELY low volume.
Today was the 4th lowest volume day of the year for $SPY. Three of this year's four lowest volume days have come in the last week. All 4 of the lowest volume days have come in the last 3 weeks. Source: Barchart
Small cap stocks are now down on the year while Large caps are still up 12.5%. $SPY $IWM
Source: Charlie Bilello
Reminder: investing at all-time highs is safer than investing during drawdowns $SPY
Source: Mike Zaccardi
A staggering percentage of US equity funds are underperforming the S&P 1500.
The longer the time period the higher the percentage of underperformers. Source: Charlie Bilello
🚨: S&P 500 $SPY finished with its lowest volume in 18 years (excluding holiday-shortened trading days)
Source: Barchart
* Goldman Sees ‘Wall of Money’ Fueling Stock Market’s Summer Party
Source: Carl Quintanilla, Bloomberg
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