The S&P 500 Breaks 7,800, But One Thing Is Still Missing | CHART THIS
9 extracted signals · 0 resolved · 9 still active
Market Misbehavior with Dave Keller, CMTIndependent analyst profile- Source published
- 06 Oct 2026, 23:54 UTC
- Recorded by Tahlil Plus
- 07 Oct 2026, 00:35 UTC
AI-generated source summary
The market shows strength with the S&P 500 hitting new all-time highs, pushing above 7800. This bullish momentum is supported by broader market performance, with major indices like the Nasdaq and NYSE also showing gains. The utilities sector stands out with significant positive performance, while the broader technology sector exhibits a mixed but generally strong trend. Several key technology stocks, including NVDA, MSFT, and AAPL, are making new multi-month highs, indicating underlying strength. While some industrial and specific tech names show weakness, the overall market picture is bullish, supported by leading indicators such as the percentage of stocks above their 50-day and 200-day moving averages, which are showing signs of upward momentum. The S&P 500's advance above key moving averages and bullish RSI readings reinforce the positive outlook, suggesting a potential for further upside.
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Market Misbehavior with Dave Keller, CMT
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.