From Bespoke Investment Group:
Yesterday morning we noted that 85% of S&P 500 stocks were trading above their 50-day moving averages. By the close, however, that number had jumped to 89%.
Below we highlight the S&P 500 stocks that are trading the farthest above their 50-days. Typically the most overbought names on the list will be about 10-15% above their 50-days, but at the moment there are 33 stocks in the index with readings of more...
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