TKL: Is the post-election rally stalling? We have now had 7 straight days with a greater number of S&P 500 components closing lower than the number of components closing higher.

TKL: Is the post-election rally stalling? We have now had 7 straight days with a greater number of S&P 500 components closing lower than the number of components closing higher.

This is the longest streak since the December 2018 correction.

Interestingly, in the the previous 7-day period, the number of advancers exceeded decliners for 7 days, marking the best stretch this year.

Despite weakening breadth, the S&P 500 finished up in 4 out of the last 7 days.

Is the market overdue for a correction?

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