FYI: Earlier this week, we noted the fact that the S&P 500 was just shy of setting a record for the most occurrences where the index’s closing price crossed its 50-day moving average in a given year. In a testament to just how flat the market has been of late, the S&P 500 managed to cross its 50-day moving average on three of the five trading days this week.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/an-new-frontier-on-the-road-to-nowhere/
