4min chapter

The Compound and Friends cover image

Relative Strength

The Compound and Friends

CHAPTER

The S&P 500 Is Up 38% Year to Date

S&P 495 has started to bottom out, that was part of the bottoming out process that started in mid-May. The acceleration of breadth helped things like RSP break down trends and gave people a lot of confidence we can start to see a broadening out. I would buy this recent dip that we've seen this week. I think tech is gonna go higher into July. So what do you do? You buy non-FANG tech, if you believe that this continues.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode