The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we close out 2024. In terms…
In this video, Mary Ellen analyzes the divergence between the S&P 500 and the Nasdaq while highlighting some of the areas driving Growth stocks. She also talks about the continuation rally in Energy and Utility stocks and shares which stocks are driving these areas higher. This video originally premiered January 3, 2025. You can watch…
The Russell 2000 ETF managed a double-digit gain in 2024, but did it the hard way with several deep pullbacks. Pullbacks within uptrends are opportunities and we can find such opportunities using %B. The chart below shows the Russell 2000 ETF (IWM) with the Zigzag(8) indicator. This indicator changes direction when there is a move…