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November 20, 2023

Don’t Be Surprised If This Happens

It’s Ross Givens here with the Chart of the Day. In a week of flourishing markets, the S&P 500, Nasdaq, and Dow all surged, each securing substantial gains. Notably, small-cap stocks stole the spotlight, with the Russell 2000 soaring 5.4%, marking its best performance in over a year. This rally differs from recent trends, showcasing broad participation rather than reliance on a select few mega-cap stocks. Key indicators, from net new highs to moving averages, paint a bullish picture. As our TA Market Health Gauge gleams bright green, signaling a very bullish environment, I delve deeper into the insights of the week ahead.

November 20, 2023 No Comments

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