S&P 500 Flashes a Signal Never Seen in 36 Years. What’s Next?

The S&P 500 has just flashed a market signal never recorded in 36 years of data. It reveals something unusual happening beneath Wall Street’s biggest index. On November 2, the S&P 500 entered extreme oversold territory, even as nearly half its constituent stocks were overbought. According to Bespoke Investment Group, the index closed more than...