The Russell 2000 Advance/Decline line moved to a new all-time high on December 4, as the prior high (line b) was overcome. The S&P 500 is a major benchmark for the stock market, which most investors and analysts follow. I discussed the 2021 year-end forecasts of Wall Street strategists for the S&P 500 in last week's article. There is good A/D line support at the October high (line d) and the rising weighted moving average. With no strong evidence yet of a major top, these three stocks could again be the major contributors to the S&P 500 again in 2021.

Source: Forbes December 27, 2020 19:29 UTC