Are Nike, Lululemon, Apple, Tesla, and Starbucks Waving a Red Flag for the Stock Market?

So far, the stock market is having a great 2024, at least when measured by the performance of the major indexes. The S&P 500 and Nasdaq Composite are both up over 9.5% year to date. However, if you dig a little deeper, you see that there is a divergence forming.