TechFlow News, July 22: Over the past month, the S&P 500 has fluctuated repeatedly near historical highs, but since March 30, the proportion of constituent stocks that have hit 52-week highs has risen from about 35% to 46.1%. This means that while the index appears stagnant, the internal scope of gains is still expanding; the market rally does not rely solely on a few large tech stocks, as capital is gradually spreading to more sectors and individual stocks. (Note: 46.1% does not indicate hitting new highs simultaneously on that day, but rather the cumulative proportion of stocks that have hit new highs since the end of March) (Jin10)
Add to Favorites
Share to Social Media
