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A Divergence Between The NASDAQ and The S&P, The Reopen Trade Has Gotten Ahead of Itself: MAR & SPG
A very important divergence is taking place in markets between the tech led NASDAQ and the broader market as represented by the S&P 500.
Impressive Breadth, Seasonality, TSLA, Monetary + Fiscal Policy = Supply Bottlenecks & Massive Inflation, CLF & MOS Earnings
Monday’s trading session was bullish and the trend remains up regardless of the fundamentals. The most positive development was the broadening out of market strength. Last week was all about mega cap tech pulling up a thin market. Today the…
