As I shared in the chart, it is easy to see that the New York Composite Index and the S&P 500 have traded in lock-step over the past 15 years.  In 1999, the NYSE traded sideways for a few months while the S&P 500 continued to push higher.  After this period of underperformance by the NYSE, both declined in value. 

Of late the NYSE is lagging the 500’s performance at (3).  Humbly,  I don’t know why the NYSE is lagging the 500 index of late.  I do respect the message it would be sending if this underperformance would continue!

Get All of Our Weekly Research

Kimble Charting Solutions’ weekly combo lets you save on all of our weekly research

Learn More