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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.

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