These Stocks Are Showing Relative Strength as S&P 500 Stalls Near Record High

U.S. markets have been stuck in stall mode to kick off the New Year, taking a breather following last year’s historic rally. It looks like we’ll have to wait a bit longer to see the S&P 500 clinch a new all-time high after sellers have stepped in repeatedly through the first two weeks. By my count, twice last week we hit the (closing) high from early 2022 on an intraday basis, but failed to close above the coveted threshold. This could be a temporary sign of exhaustion; buying pressure in the general area a ...