It's been 310 trading days since we last saw a new all-time high in the S&P 500 The highest count since the GFC$SPY $SPX #stocks pic.twitter.com/3BnyoUbm4L — Grant Hawkridge (@granthawkridge) March 30, 2023 Today’s Chart of the Day was shared by Grant Hawkridge (@granthawkridge). It’s a chart of the S&P 500 over the past three […]
Stick With What’s Working in 2020
2019 was quite the year for Large-Cap Technology. Our benchmark, the SPDR Technology Sector ETF, $XLK gained 50% during the year, nearly doubling the performance of the next best sector, Financials ($XLF), as well as the S&P 500 itself, both of which returned about 30%. Many of the analyst notes and financial headlines I see […]
A Bullish Combination
Legendary analyst Paul Montgomery once said: “The most bullish thing the stock market can do is go up.” The S&P 500 printed a fresh all-time high today for the first time since July. Despite this bullish development, investors remain cautious. The combination of stocks breaking out and bearish sentiment could fuel the next leg of […]