Top-heavy market rally may be more fragile than it appears
Apple is now worth more than the 2,000 companies that make up the small-cap Russell 2000 index
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Apple is now worth more than the 2,000 companies that make up the small-cap Russell 2000 index
“If It’s a New Bull Market, It’s Unlike Any We Have Seen in Last 30 Years” That’s the heading of a note published over the weekend from BTIG’s technical…
While I was among a very small minority in the 4th quarter of 2022 warning the public about the Big Tech crash that was coming and was a threat to bringing down the entire U.S. economy, judging from my newsfeed the past 2 weeks, I no longer think that this view is the minority view anymore. Both the alternative and corporate media are increasingly printing news and opinion pieces about how dangerous it is right now to have just a handful of Big Tech companies holding up the entire stock market, and mostly because of the hype over AI. I am going to highlight much of this news in this article, a...
“The weak parts of the market remain weak and unable to rally, while the strong parts of the market are extended and vulnerable,” BTIG’s Jonathan Krinsky...
Need to Know: The ‘end of the runway’ is nearing for lofty tech and soggy banks. Get ready, says this strategist Need to Know May 15, 2023 View in Web Browser SPONSORED BY The ‘end of the runway’ is nearing for lofty tech and soggy banks. Get ready, says this strategist By Barbara Kollmeyer