A historic divergence has split the U.S. stock market: The benchmark S&P 500 index has tumbled into deeply oversold territory even as nearly half of its constituent stocks remained decidedly overbought.
Wall Street veteran says these are some of the most unbelievable charts he has ever seen
MA
MarketWatch Top StoriesBy Christine Idzelis
EXECUTIVE SUMMARY
A historic divergence has split the U.S. stock market: The benchmark S&P 500 index has tumbled into deeply oversold territory even as nearly half of its constituent stocks remained decidedly overbought.
Key Takeaways
- Wall Street veteran says these are some of the most unbelievable charts he has ever seen.
- A historic divergence has split the U.S.
- stock market: The benchmark S&P 500 index has tumbled into deeply oversold territory even as nearly half of its constituent stocks remained decidedly overbought.
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Published originally on MarketWatch Top Stories
