Money Gets Back To Its Desk This Week
Last week, Big Money was mainly on vacation. Now July gets real.
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H2, Reveal Thyself!
Around now is when we start to see what Big Money has in store for the little people in H2 2023. The first half rug pull was all about tech on fire, as we noted over at Cestrian Tech Select earlier today. H2? It’s just taking shape. The S&P and the Nasdaq continue to hit their heads on key resistance levels - from where we sit the Nasdaq looks to have an easier time of moving up, despite all the obvious reasons that it should dump from here. The Dow we think can benefit from any rotation into value names, and the Russell continues to be under accumulation.
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