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Stocks Bounce Back on Broadening Out | LPL Market Signals
In the latest LPL Market Signals podcast, LPL Research’s Chief Equity Strategist, Jeffrey Buchbinder, is joined by Chief Technical Strategist Adam Turnquist, as they recap last week’s strong bounce back for stocks, highlight the improving market breadth, and provide some perspective on market concentration. Stocks rose solidly last week, rising all five days. It wasn’t about the mega-caps this week as a broadening out lifted large cap equity benchmarks. The strategists reviewed several charts and discussed how broad participation underpinned the latest breakout to new highs on the S&P 500…
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