Ep. 120: Jason Thomson: Fundamental Analysis Trumps The Chart For Big Moves
Investing With IBD
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The NASDAQ and the S&P 500's Correction
The S&P 500 was pushing to new highs and not really showing as much of a correction. So how, how were you handling that? I think there's two different camps. The process or the assumption was that if the inflation stocks continue to perform well or cyclical stocks continued to perform well, then you will have that divergence widen even more so than it is. That doesn't tend to happen too often. And then the other side of that was, okay, we might have some type of consolidation in the market.
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