AET - Stocks Holding Up Market
In companion article "The Hidden Bear Market," I showed that nearly one-third of the S&P 500 (SPY) constituents are trading in bear market territory - less than 20% from their 52-week high. Given the breadth of companies trading significantly off recent highs, and with the S&P 500 broadly just 6% from its all-time high, there must be a group of stocks keeping the market benchmark elevated. This article looks to highlight those stocks, and assess if there are any market themes in this basket of outperforming stocks.
The table below lists