SentimentEdge report

Jason Goepfert

6-27-2020 at 11:00 am

TradingEdge: Questionable participation, a historic Nasdaq run, consumer attitudes

This week saw a continuation of recent themes, mostly related to still-too-few stocks being able to hold above their long-term moving averages. Most notably, tech and growth stocks have become historically stretched relative to other parts of the market. Consumers are feeling much better about the future, a potential signal for the yield curve.

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