The ETF for S&P500 (ticker: SPY) is confirming its
uptrend. The price went above its prior high, this confirms the uptrend (see
chart below).
Mid-Cap and Small-Cap
category of stocks are not yet showing a price uptrend. This can be seen
in price charts of ETFs MDY and IWM. In both cases the prices have not gone
above their prior high.
Market Breadth Ratios are
not showing strength. Investing in Growth Stocks is still not working. What is working is investing in dividend paying value
stocks.
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