Stocks Are Staying Split - Here’s What To Do About It
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The big indexes are split up and down at the moment, and I’m sensing some concern over this out there. Tonight we’ll get to the bottom of the “worry or opportunity?” question.
There’s plenty of weight to the “opportunity” argument.
We’ve seen the Nasdaq reclaim and reassert its leadership over the last few weeks. If you’ve been with me for a while, you’ll know I view this as a really good sign.
The Dow, on the other hand, is in the middle of its second week of correction. I’m watching closely for a bottom - and a setup - to occur in the coming days. There’s a brewing setup for a low in bonds, as well.
So there are reasons for optimism; the Fed’s rate cut is coming tomorrow, and liquidity conditions are improving which in turn is helping to fuel a mania in quantum computing players. There’s some cause for concern, too; I’m not wild about what’s happening in semiconductors, for instance.
Video Length: 00:11:05
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