Another Pullback Buying Opportunity?
Hey, Ross here! The chart above shows the RSP, the Equal-Weight S&P 500 Index. While the Magnificent Seven stocks are pushing the broader S&P 500 higher, the equal-weight version tells a different story. It just dipped below its 21-day moving average, signaling a potential pullback. This could be a prime buying opportunity that most investors haven’t noticed yet. I break down what this means for you in today’s Insight of the Day.
December 11, 2024
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