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May 14, 2024

Could This Derail the Recovery? (What to Do About It)

Hey, it’s Ross Givens here with the Chart of the Day. Diving into one of my top charts, the Equal-Weight S&P 500 Index (RSP) paints a clearer picture of the market’s health by eliminating the dominance of mega-cap tech stocks. Currently, RSP sits a mere 1.5% shy of its all-time highs, signaling a robust recovery from the April pullback. However, with the looming CPI report’s potential impact, the market’s trajectory remains uncertain. Stay ahead of the curve with my insight.

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May 14, 2024 No Comments
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