Regional Banks starting to outperform as Equal-weighted S&P makes further ground

Short-term trends remain bullish while market breadth continues to expand, given the recent improvement in the Equal-weighted S&P 500. It’s important that market participation is expanding after this push back to new all-time highs for SPX, and helps to establish some credibility to this move, which was lacking in both breadth and momentum back in May. Given the broadening out in the US Stock market over the last week, ...

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