The markets in December show more of the same theme we have been seeing over the last couple of weeks, namely a rotation into laggards. Whatever hasn’t been working YTD is now outperforming significantly.
Dow and S&P500 continue to hit record highs, so what is the next move? Tom Lee, Fundstrat managing partner indicates that the investors should brace for markets to hit an “air pocket” after recent rally. He still predicts that there will be a pullback.
After a short period of consolidation, the rally is back on track, S&P500 continues to set all time high. The question is the highs beget new highs or the highs beget some reconsideration about where to go next?
Dow tops 38000 for first time on Jan22, so what is next? The market is likely to keep going up in the near time.
After nearly two weeks’ consolidation, the rally is back on its track. All major indices continue to reach record highs. How S&P500 got to a historic high?What are the leaders and laggards?
