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Ep. 17 - Another Bullish Omen is Flaring for the NASDAQ
Manage episode 455174022 series 2854510
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The crowd-stunning rally keeps going.
Don’t be shocked if growth stocks keep working.
Another bullish omen is flaring for the NASDAQ.
Equities remain in a firm uptrend. Small, Mid, and growthier pockets of the market are under healthy accumulation.
Our bias towards owning SMID caps is still in place. Afterall, plenty of capital has been reappraising those names since the Summer.
That said, there are other single stock stories working, too.
NASDAQ bellwethers Tesla (TSLA) and Alphabet’s (GOOGL) have been sharply rallying as Musk plants himself further in the government and Google’s quantum computer Willow unleashes mind-numbing calculations. (Disclosure: I own GOOGL and TSLA shares)
These 2 heavyweights have helped push the NASDAQ to record heights. The good news is the latest strength actually favors more gains ahead for the tech-heavy index.
Let’s now unpack the evidence.
Disclosure: This recap uses AI to better explore our post here: https://mapsignals.com/map-blog/another-bullish-omen-is-flaring-for-the-nasdaq/
Remember none of this is personal advice of any kind. This is for entertainment and informational purposes only.
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