Astronomers at the University of California, Berkeley, and NASA’s Goddard Space Flight Center have released a rather remarkable Hubble image of a ring of dust around star Fomalhaut, described by New Scientist as resembling “the Great Eye of Sauron”.

Currently, 31% of stocks in the S&P 500 are trading above their 50-day MAs. As shown in the historical chart below, this is not at the extremes we saw when the market made lows in August and January, but the indicator continues to make lower highs just a