What’s up in the stock market? Pretty much everything! Last week, large-cap stocks (S&P 500), mid-cap stocks (S&P 400), and small-cap stocks (S&P 600) all reached new 52-week highs. Breadth indicators for the index also reached new highs. In other words, we are experiencing a broad-based rally in the stock market. —Recommended Link— Snag This “5G Savior” For $5 A Share Up to $31 billion in new business… as much as $6.6 billion in patent royalties… and its biggest competitor banned in America… this 5G tech stock could be the opportunity of a lifetime. But… Read More
What’s up in the stock market? Pretty much everything! Last week, large-cap stocks (S&P 500), mid-cap stocks (S&P 400), and small-cap stocks (S&P 600) all reached new 52-week highs. Breadth indicators for the index also reached new highs. In other words, we are experiencing a broad-based rally in the stock market. —Recommended Link— Snag This “5G Savior” For $5 A Share Up to $31 billion in new business… as much as $6.6 billion in patent royalties… and its biggest competitor banned in America… this 5G tech stock could be the opportunity of a lifetime. But you’ll need to make your move quickly… as soon as word gets out, banks and hedge funds could run the price up 10, 20, or 50X. Click here for details. Momentum is also bullish for major market indexes. Weekly charts of the S&P indexes are shown below with stochastics at the bottom. In strong bull markets, stochastics tend to move to high levels and then stay there for extended periods of time. For all three indexes, the position of the stochastics indicator is consistent with that trend; they all also show… Read More