Welcome to the latest Weekly S&P500 #ChartStorm!
Learnings and conclusions from this week’s charts:
Markets moved higher in May (S&P500 up +4.8%).
Election-year return stats bode well for the remainder of 2024.
(however) there are an increasing number of technical red flags.
Semiconductors market cap weighting reached a new all-time high.
Consumer Staples are…
