Jason Goepfert

2-09-2021 at 5:32 pm

Daily Report : Long-term momentum continues to roll along

Despite a horribly speculative environment and some cracks under the surface, long-term trends within indexes like the S&P 500 remain positive. More than 80% of its stocks have held above their 200-day averages for 3 straight months, the longest streak of momentum in 7 years, and among the longest since 1928.

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