Market Wrap: Briefing on the New High

Again, the U.S. Market Presents a Fresh High:

The S&P 500, Nasdaq Composite and the Dow Jones Industrial Average Closed at All-time High Levels for a Third Straight Day. U.S. Stocks Keep on Outperforming the Rest of the World:

S&P is better than most activist strategies:

That activist investors focus on cheap, small, and poor-quality stocks is intuitive, to differ from the major indices. The Active Mutual Fund was more likely than the S&P 500 since 2008:

Another fact about the market you may know: Passive US Equity Funds Surpassed Active Funds in Assets Under Management (AUM) since August this year. Yet, the number of activist investors argues flat: