Big tech is still the hope in a sideways stock market
The S&P 500 recently was near a new rally high for the year, but the S&P Midcap 400 and S&P Smallcap 600 were 12% to 17% below their February 2 highs.
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The S&P 500 recently was near a new rally high for the year, but the S&P Midcap 400 and S&P Smallcap 600 were 12% to 17% below their February 2 highs.
“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...
Analysts thinking about where the average could go next see important technical levels ahead.
U.S. stocks just touched their highest levels in two months. Yet, signs of a looming selloff are piling up, according to Jonathan Krinsky, chief technical…
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