S&P 500 leaders after market correction

What happened: The S&P 500, after a recent correction, has seen several leading stocks reach key transition points, presenting potential investment opportunities. Companies like Home Depot and Eli Lilly, despite facing headwinds, are now favored by analysts. Meanwhile, the index's three-year bull run, driven by President Trump's inauguration, may slow down, but certain stocks like Oracle could continue to win.

Market impact: The shift in market leadership could affect sectors that have been driving the S&P 500's recent gains, such as tech and financials. Companies with strong fundamentals and robust dividend yields, like Oracle, may become more attractive to investors seeking stability and income.

What to watch next: Oracle's next earnings report on June 20 will provide insights into its dividend growth prospects. Additionally, the S&P 500's performance around the U.S. presidential election in November 2020 could indicate if the index's bull run is indeed slowing down, potentially impacting the broader market's leadership dynamics.