HGSI Doc Top Down Review 08.09.2020
Greetings and welcome to this week’s review!
The markets continue higher. Friday we see BIG CAP TECH get hit hard as leadership rotated to some of the beaten-up stocks. In fact, the RUT led on the week and was up 6%.
Now the question is was Friday:
- A shot across the bow of the Bulls and a sign that the rally is losing steam?
- Massive Market Rotation?
- A Pause that Refreshes on recent Leaders
My guess Is 3. As I look at the charts the markets and most Large CAP TECH are bent but not broken.
Please join me in my examination of current markets and thoughts about the coming week.
Dr. Jeffrey Scott is a private investor and educational affiliate for HGSI Investment Software LLC