The Market Leaders Pushing the S&P 500 Toward an All-Time High

Dan Russo from Chaiken Analytics discusses the current state of the S&P 500 and NASDAQ, highlighting mixed signals in the market. He analyzes charts showing the S&P 500's approach to all-time highs and discusses sector rotation, with a focus on healthcare as an emerging leader. Russo emphasizes the potential of healthcare equipment and services as a promising investment area.

What is one of the key metrics mentioned that has been reaching all-time highs?

• The 52-week high percentage

• The advanced decline line

• The NASDAQ index

• The S&P 500 index

What is the current percentage of stocks at 52-week highs compared to January?

• Around 6%

• Around 15%

• Around 25%

• Around 35%

What seasonal factor is mentioned as potentially affecting the market?

• Tax season

• Winter holidays

• Midterm election year

• Summer holidays

Which sector is identified as emerging leadership in the market?

• Utilities

• Technology

• Healthcare

• Consumer staples

What is the significance of the S&P 500 healthcare equipment and services index?

• It is at an all-time low

• It is underperforming the market

• It is declining steadily

• It is breaking out of an ascending triangle