Pcwler

The US stock market's S&P 500 index, although hitting some new highs, this rebound has no volume, and the CCI daily top divergence has appeared. The buying momentum chasing the highs has already dried up, and many funds that took profits earlier are now on the sidelines, coupled with the earnings season at the end of April. I think it’s better to buy some defensive sectors on dips, such as KO, Berkshire Hathaway, MCD, and others.