Near New Highs, Short On Company

Summary The S&P 500 is down less than half a percent from its record high set on August 13th, though there are more stocks in the index at 52-week lows than highs. Since 1990, there have only been five days when the S&P 500 posted a 52-week high but its net percentage of stocks at 52-week highs was negative (more stocks hit 52-week lows than 52-week highs). The S&P 500 may be close to recovering all of its losses since August, but many of its stocks have considerably more ground to make up. tadamichi/iStock via Getty Images The S&P 500 is down less than half a percent from its record high set on August 13th, though there are more stocks in the index at 52-week lows than highs. Since 1990, there have only been five This article was written by Bespoke Investment Group 48.91K Followers Follow Bespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (https://bespokepremium.com/) subscription service and also manages money (https://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (https://bespokeinvest.com/)