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March 1, 2024

Ride the Rally While You Still Can

Hey, it’s Ross Givens here with the Chart of the Day. After 569 trading days, the Nasdaq has finally hit ‘new record highs,’ joining the S&P 500 and the Dow. All indexes closed positively for February, and the S&P 500’s remarkable nearly 24% surge since October 2023 lacks a single 2% closing decline—a feat unseen in two decades. Despite market internals signaling caution, bulls seem firmly in control. In today’s Insight of the Day, I explore why we should capitalize on the rally while the opportunity persists.

March 1, 2024 No Comments

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