S&P 500 Bears Missed A Good Opportunity – Sucking In Buyers

Published by

S&P 500 bears missed a good intraday opportunity after winning for 6 hrs in the regular session. For all the market breadth limping along, it was Russell 2000, financials and industrials with materials that did well, no matter what energy, precious metals and cryptos see on the horizon. Q1 2023 hedge fund letters, conferences and more (…) Disruptive tech (AI driving semiconductors) remains well placed. … So, we have tech stocks to outperform value in the current low growth environment, would the thinking go. However if you check market breadth in Nasdaq, the bearish divergence in the making is…

Read More