Today’s extensive article will evaluate the week that just passed, and examine the health of the S&P 500 advance. We’ll look both at various credit market metrics, and at the key S&P 500 sectors and ratios. Putting the pieces of the puzzle together will enable us to make profitable trading decisions as the bullish fever is rising. Just how much is that sentiment justified?
Let’s start with the S&P 500 itself, and check the weekly and daily perspectives (charts courtesy of http://stockcharts.com ).
S&P 500 in the Medium- and Short-Run
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