S&P 500 ($SPX) has been overbought since 2019. Low stock outperformance too. Market might be getting a bit shaky.
Only 28% of S&P 500 stocks are outperforming the overall $SPX, the lowest amount since 1998 and the 2nd lowest in the last 33 years 👀 pic.twitter.com/E8tXbbhAlR — Barchart (@Barchart) December 25, 2023 S&P 500 $SPX has now spent the most amount of time in overbought levels since late 2019/early 2020 pic.twitter.com/rvKvAFS9Yd — Barchart (@Barchart) …