More from Stocks
The Fear of Missing Out bulls are dragging the Recency Bias bears further over the line, meanwhile the Bank Index relative to the S&P 500 crosses a key line.
Stocks trended steadily higher as the focus remained on stock picking and earnings, rather than big picture worries like China, the economy, politics and the Fed.
Broadening patterns are interesting and somewhat difficult to handicap.
It's all because some stocks are more powerful than others and the aberrations are to the downside. Not the upside.