HGSI Doc Top Down Review 2.14.2021
Published earlier on the HGSI Community Forum. For earlier access subscribe at the HGSI Community Forum.
Welcome to this week’s review. The market started the week strong and then cruised sideways most of the rest of the week and then rallied hard into the close on Friday
Once again growth stocks led but this was a very broad-based rally. Of course, as the market rallied some of the measures of market exuberance are starting to sound warnings. That said, extended markets can become more extended. Add to this that some of the biggest gains in a market come as we are getting close to a top.