After yesterday’s rally, 28% of the S&P 500 Index (SPX) traded at a 52-week high. Just six days ago, the number of SPX stocks trading at a 52-week high was less than 1%. That is a quickest jump from <1% to ≥ 28% in the history of the data which goes back 1990. The next fastest was 29 days in November 2014.

 

Past performance is not a guarantee of future results. Index returns are unmanaged and do not reflect the deduction of any fees or expensesAll data points are sourced from Bloomberg as of 11/10/20 unless noted otherwise.

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