As a consequence, valuations shot up well above the valuation calculated on a Yield comparative measure.
This is due to the still high interest rates.
We can see below that the small section of the S&P500 is in negative Money Flow territory, while the largest stocks attract money.
The Cumulative Ticks displays a very low enthusiasm for small caps.
Conclusions:
Although the largest caps attract more money than the rest of the market, high valuations indicate that any negative news could trigger an exit from the equities markets.
Below is a link to stats of the current earnings season.
https://advantage.factset.com/hubfs/...%20of%206.4%25.
Here are a few trade ideas.
