What Broke, and What Got Stronger Amid the Market's Summer Storm
Description
On our 200th episode, JC Parets of AllStarCharts climbs back aboard The Express to assess the damage across the capital markets following the 2024 Summer Volmageddon. As it turns out, some sectors and asset classes actually got stronger despite the headlines, and may provide the set up for the next leg of this Bull Market. Plus, sentiment indicators have been flashing warning sirens among individual and institutional investors, and anxiety is riding high, so why are more individual stocks hitting new 52-week highs than any point this year?
links for show notes:
https://www.investopedia.com/articles/economics/08/past-recessions.asp
https://www.conference-board.org/topics/CEO-Confidence
https://www.investopedia.com/what-the-carry-trade-had-to-do-with-monday-stock-market-rout-8690861
https://www.optimisticallie.com/
https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8693128
https://allstarcharts.com/blog/
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