Something surprising is happening after the S&P 500’s record run
The S&P 500’s (^GSPC) record run has some bumps in it that appear to be increasing. On Friday, the S&P 500 closed 7.7% above its 50-day moving average, but only 52% of its constituents closed above their own 50-day moving average, BTIG strategist Jonathan Krinsky noted in a new note. Over the past 30 years,…