Can non-tech S&P 500 components catch up?
Currently, ~35%, or ~175, of the S&P 500's components are in bear market territory, the most since May.
By comparison, this percentage oscillated around ~20% for the 12 months ending in November 2024.
As a result of narrowing breadth, the S&P 500's equal-weighted index relative to the S&P 500 has fallen to near its lowest level in 22 years.
This means the average stock has significantly underperformed the market benchmark.
If market breadth can improve, fuel will be added to the fire.
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Currently, ~35%, or ~175, of the S&P 500's components are in bear market territory, the most since May.
By comparison, this percentage oscillated around ~20% for the 12 months ending in November 2024.
As a result of narrowing breadth, the S&P 500's equal-weighted index relative to the S&P 500 has fallen to near its lowest level in 22 years.
This means the average stock has significantly underperformed the market benchmark.
If market breadth can improve, fuel will be added to the fire.
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NEW - A group of researchers say it's time for academia to get serious about studying UFOs and making it an academic discipline
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Immigration agents were reported active across the Chicago area on Friday, with multiple community members sharing videos that appear to show uniformed officers questioning people in the parking lot of a Menards in Cicero and pursuing individuals across nearby private property.
It remains unclear whether the agents are from ICE or Border Patrol. This is a developing story.
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It remains unclear whether the agents are from ICE or Border Patrol. This is a developing story.
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UK: Englishmen are quickly learning how to βhackβ the two-tier justice system in Britain
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NOW - Hegseth: "We are asking American taxpayers to fund the world's greatest military, we're asking mothers and fathers across America to trust us with their most precious resource, their sons and daughters, and we will honor their trust and their sacrifice."
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NOW - Hegseth: "We are asking American taxpayers to fund the world's greatest military, we're asking mothers and fathers across America to trust us with their most precious resource, their sons and daughters, and we will honor their trust and their sacrifice."
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Polish Prime Minister Tusk:
Dear American friends, Europe is your closest ally, not your problem.
And we have common enemies. At least, that's been the case for the past 80 years.
We need to stick to this, it's the only sensible strategy for our common security.
Unless, of course, something has changed.
A minor "crisis in relations" between the EU and the USA is coming to the public's attention.
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Dear American friends, Europe is your closest ally, not your problem.
And we have common enemies. At least, that's been the case for the past 80 years.
We need to stick to this, it's the only sensible strategy for our common security.
Unless, of course, something has changed.
A minor "crisis in relations" between the EU and the USA is coming to the public's attention.
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FOLLOWUP (0.76, took 0.1s):
βI hold 2 Bitcoin and called a loser from family.β
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βI hold 2 Bitcoin and called a loser from family.β
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