Be Smart While Waiting for This to Happen
It’s Ross Givens here with the Chart of the Day. Soaring to new heights, the Nasdaq 100 index, comprising the top 100 companies on the Nasdaq, has reached a 52-week high, edging just over 4% away from the November 2021 peak. While a sustainable bull market demands broader small-cap participation, this robust performance by tech giants is a potent signal that can’t be overlooked. Ignoring this powerful indicator comes at your own peril, hinting at exciting possibilities in the market landscape. Join me as we dissect the implications of Nasdaq’s climb and explore the dynamics shaping our investment outlook.
November 27, 2023
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