Opinions from a stock market trader.
Disclaimer: The contents in this blog are purely for entertainment and educational purposes only. They are not investment advice. Use them at your own risk.
Saturday, November 28, 2020
Is The S&P 500 Topping Out?
The S&P 500 managed to closed with another new closing high during the Thanksgiving holiday shorten week. While the S&P 500 is making new closing high, not all the major market indexes follow suit. We saw the Nasdaq 100 is lacking the S&P 500 while the Russell 2000 is keeping pace with the S&P 500. Are all these disconnects amongst indexes a sign of the S&P 500 and the stock market starting to top out?
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