“I Have Some Good News!” Said the Technical Analyst
IBKR Podcasts
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The Rise and Fall of the Stock Market in 2023
In 2022, in that bear market, we saw decisive leadership coming out of our defensive and cyclical sectors. In 2023, since January, what has been leading the market higher is large cap growth names. Rotation, when leadership moves from one sector to another, it's creating breadth expansion. That's a welcome sign for a longer lasting bull market.
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