The S&P 500 is on the right path for another record, but the breadth of the market is terrible.
Only 171 stocks of the index rise with a 0.1 % increase in the index. Among the major pilgrims are the SUPER Micro, Nike, Advanced Micro Devices and Tesla. The nasdaq compound rises 0.3 %. Dow is flat, disappears inside and outside the positive lands, because it is struggling to lead its height on December 4.
The only operating sectors are energy, consumer appreciation and technology. Futures for crude oil oil increased by 2 %, which explains energy. The rest was rotating again for risk and momentum.
https://images.barrons.com/im-783602/social
Source link