All US Equity markets made new all time highs today as positive economic stimulus news plus strength in the "monsters of tech" (including GOOGL, AMZN, FB, and AAPL) kept the bullish holiday drift going for the market. In tonight's update, Corey charts these leading stocks along with the key sectors in play and notes what to watch for cautiously as the bullish holiday drift continues likely into 2021…
Tech and Leading Stocks Keep the Bullish Holiday Drift Alive
1 Comment
Thomas Toedtman
December 28, 2020Cory,
In the last image of tonight's video I took note that over the ~18mo time frame
the price looked primed to begin a near vertical move to complete an exponential
appearance, perhaps over a 6 mo. period.
I realize the chart looks less exponential over a longer period- It just reminds me
of the melt-up forecasts that are pretty long in the tooth now.