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Investor Alert
Lawrence G. McMillan

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Nov. 9, 2017, 10:16 a.m. EST

The Russell 2000 is diverging from the S&P 500 — should you worry?

While the S&P sets records almost every day, this small-cap index isn’t

By Lawrence G. McMillan, MarketWatch


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Despite some confirmed sell signals, divergences, and various overbought conditions, the stock market —– as measured by the Standard & Poor’s 500 Index and many other broad-based indexes — continues to plow ahead to new all-time highs almost every day. I wouldn’t say the market is acting irrationally, but you can begin dusting off your favorite quotes by John Maynard Keynes.

The S&P /zigman2/quotes/210599714/realtime SPX +0.24%  chart remains bullish in that it is in a strong uptrend, and all of its moving averages are trending higher.

/zigman2/quotes/210599714/realtime
US : S&P US
3,638.35
+8.70 +0.24%
Volume: 1.22B
Nov. 27, 2020 2:07p
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