The overall market thus far has been propped up by just 5 stocks
1) Apple
2) Nvidia
3) Microsoft
4) Meta
5) Tesla
It is no secret the market breadth is not that great.
However, IF (IFFFFFFFFF), this is a healthy uptrend that is supported by the economy, we should see the rally becoming broader. I.E. Funds should flow into mid-caps and small-caps. There should be a reallocation of funds from overbought big caps to the broader market.
Russell 2000 is a good start and should be monitored closely for such actions. We may see a rally to 200 or even beyond.
1) Apple
2) Nvidia
3) Microsoft
4) Meta
5) Tesla
It is no secret the market breadth is not that great.
However, IF (IFFFFFFFFF), this is a healthy uptrend that is supported by the economy, we should see the rally becoming broader. I.E. Funds should flow into mid-caps and small-caps. There should be a reallocation of funds from overbought big caps to the broader market.
Russell 2000 is a good start and should be monitored closely for such actions. We may see a rally to 200 or even beyond.
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Join our telegram channel to receive free analysis videos and timely analysis updates.
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Our Patreon link
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。