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Michael Ashbaugh

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Feb. 9, 2021, 12:11 p.m. EST

Charting a grinding-higher breakout, S&P 500 tags latest record peak

Focus: Energy sector and airlines stage tandem breakout attempt, XLE, JETS, LOW, NET, MSI

By Michael Ashbaugh, MarketWatch

Technically speaking, the major U.S. benchmarks continue to trend higher amid a constructive February start.

Against this backdrop, each big three benchmark has concurrently registered record highs, knifing from major support to previously uncharted territory.

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