Tech surged most today and has muscled its way back into third place YTD, trailing only Energy and Comm Serv … small caps rose across board today but NASDAQ outperformed, moving to second place YTD (though it’s slightly trailing Russell 2000 thus far MTD) pic.twitter.com/TgptJ1zYQa
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Ryan Detrick, CMT
RyanDetrick
The S&P 500:
Is up 7.5% YTD
Just had a standard 5% mild correction to shake off the bullish train
Gained 10% back-to-back quarters, so some break is perfectly normal
Is only 2.4% away from a new high