TSP Talk Blog

Strength in large caps and weakness in small caps (Russell 2000) reversed a recent trend, so rather than broad strength, we are still seeing selective strength. The Dow gained 169-points and we saw solid gains in the S&P and especially the Nasdaq, both of which have been flirting with new 2023 highs. Meanwhile there were more stocks down on the NYSE than up yesterday. One day doesn't change a trend, but the fact that they all can't go up together may be telling us something.

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