S&P 500 Snapshot: Win Streak Puts Index Inches From Record High
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Advisor Perspectives Charts6.54K FollowersFollow5ShareSavePlay(5min)CommentsSummaryThe S&P 500 reached a new record high this week, crossing the 6,900 milestone for the first time ever.Over the past 20 days, the average percent change from the intraday low to the intraday high is 1.25%.The S&P 500 is currently up 16.34% year-to-date, while the S&P Equal Weight is up 10.42% year-to-date. Mying Aung/iStock via Getty Images By Jennifer Nash The S&P 500 reached a new record high this week, crossing the 6,900 milestone for the first time ever. However, the index experienced its largest daily loss in three weeks on Friday, ultimately leading toThis article was written byAdvisor Perspectives Charts6.54K FollowersFollowAdvisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.Quick InsightsHow has the S&P 500 performed relative to its equal-weighted counterpart year-to-date?SPX has gained 16.34% YTD, outpacing the S&P 500 Equal Weight Index's 10.42% return, highlighting market cap concentration effects.What technical signals are evident in the S&P 500's current trend?The index has consistently traded above its 50- and 200-day moving averages since November and May, respectively, with the 50-day above the 200-day since July.What is the current state of volatility in the S&P 500?The 20-day average intraday price range is 1.25%, indicating relatively low volatility compared to historical spikes.Recommended For You