32sec snip

The Compound and Friends cover image

2024 Predictions, Career Advice, and What Went Right in 2023

The Compound and Friends

NOTE

Market Indicator: Percentage of Stocks Above 50-Day Moving Average

The presenter is discussing the percentage of stocks above their 50-day moving average in the S&P 500 and the Russell 2000. They highlight that currently, the percentage of stocks above their 50-day moving average is as good as it gets, indicating a strong market. They express agreement with the assessment that this is the time when people talk about a great market.

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