S & P is wasted, but fewer companies put record heights. Why can this be a red flag for this market



S & P was 500 To set record heights A dramatic turn in recent days Sell ​​the market back in April. But if analysts are involved in the general market at the rally, the Falzers may change.

New heights acquired by S & P, on July 5, in the presence of narrow companies in these heights, the head of the technical analysis manager of technical analysis and investment management was reported and reported by Bloomberg. Analysts named as market expansion often try to see how healthy in a particular index or sector is in a healthy way.

Dar-Wald’s says that Dar-si can mask the weakness in the market S & P 500, 3-, 6-6 months and 12 months in 12 months of 12 months (NYSE), analyzed. High in the last market, 88 companies in NYSE were also high.

Indeed, large technological companies have become drivers behind the last market height: only five shares-Amazon (Amzn), Broadcom (AVGO), Meta (Meta), Microsoft Contribute to more than half of half of the (NVIDA) and NVIDA (NVIDA) – S & P 500, according to an analysis of Adam’s turn, the main technical strategy for LPPL finance. It is always a concern when several companies are responsible for most of these gains, because these gains can easily become a loss depending on the power of a handful. What happened in the middle of 2023, the magnificent seven managed The rally faded.

Although the S & P 500 is less than 1% of a high high high high higher than 1%, Median S & P 500 shares finds a wave of about 12% from the 52-week height. “The width is under a bit,” he writes. “For the context, the index and the gap between the 52-week height of the media in the last decade will increase by 5%.”

According to analysts, it is to improve market breadth in recent weeks. SH & P 500 on Shares Average 200-day medium, 62%, under 62%, 62%, Chris Haverland, Global capital strategy Wells Fargo Investment Institute (WFII).

Another positive sign for the market: All S & P 500 sectors took part in the rally. Haverland says that investors expect more widespread participation due to more clarity on financial and trade policy.

“Considering a strong rally, some consolidation will begin digest the economy and profitable trade policy in the coming months,” Haverland says. “So it can be a good time to redistribute the portfolios.”



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