Helene Meisler writes a daily technical analysis column and TheStreet Top Stocks. For more information, click here. Meisler spent more than a decade on the sell side as a market technician covering institutional accounts at various investment banks in New York City, including Cowen & Co. and Goldman Sachs. In addition she worked at Cargill in Minneapolis where she managed equity money for three years. She received her bachelor's degree in business from Pace University.
Recent Articles By The Author
Perhaps the market will keep on going, but all the excess out there should be corrected -- at some point.
Let's look at this stock's rise compared with Qualcomm in 1999 and even Tesla now.
Even going up all the time isn't healthy, but at least the small caps finally arrived -- late -- to the show.
As the small- and mid-caps lag vs. large ones, we see that the Top 5 stocks in the S&P 500 account for 17% of the index -- here are the three ways this could shake out.
Hint: It's not the futures comeback and nor was it breadth.