Stocks Hit 4th All-Time High Of Past 5 With Many More Stocks Falling Than Rising

A new day, a new month... and another record high on negative breadth. 

With even Goldman warning that bad things happen when only a handful of high momentum names carry the entire market (especially to now daily all time highs) while most stocks drop, the S&P decided to demonstrate and closed at a fresh record high on yet another day of brutal negative breadth - this was the 4th record high of the past 5 that saw way more decliners (328) than advancers (172)!