

What Broke, and What Got Stronger Amid the Market's Summer Storm
Aug 12, 2024
JC Parets, a market expert from AllStarCharts, joins to discuss the aftermath of the 2024 Summer Volmageddon. He reveals that despite market turbulence, certain sectors and asset classes strengthened, hinting at future bullish trends. Parets highlights a puzzling surge in individual stocks reaching new 52-week highs, even as investor sentiment sours. He also examines the Dow Jones Transportation Index's potential for an upward breakout and debates the implications of 'moral hazard' influenced by the Bank of Japan's recent moves.
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