On this week’s edition of Moxie Indicator Minutes, I spoke about a turning point in the market. This week, not much has changed for the major indexes, but underneath the surface strength is not easily found. Money is hiding out in a handful of the biggest names, and I continue to wonder how much higher they can go or how long they can hold.
This video was originally broadcast on May 12, 2023. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, iOS, Chromecast, Android, and more!
TG also hosted the Friday, May 12 edition of Your Daily Five, where he shows how, even though the markets have been pushing up, not everything has followed.