14.8% of S&P 500 companies made new 52-week highs during today's rally, says Bespoke. That's...

|By:, SA News Editor

14.8% of S&P 500 companies made new 52-week highs during today's rally, says Bespoke. That's both the first time the number of new highs crossed 10% this year, and the highest reading posted for the figure since May 2, 2011. The firm sees the improved breadth accompanying the market's latest move higher as a bullish indicator.