Michael Burry’s latest bet highlights growing concern of melt-up
Despite Monday’s advance, only 55% of stocks in the S&P 500 traded above their 200-day moving average. For investors, that may signal a shaky foundation underpinning the stock market’s advance.
Despite Monday’s advance, only 55% of stocks in the S&P 500 traded above their 200-day moving average. For investors, that may signal a shaky foundation underpinning the stock market’s advance.
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