This week we saw growth stocks rally strongly with many new breakouts to all time highs. We also saw strong moves in the crypto currency space with Bitcoin and Ethereum rallying strongly and moving out from bases. Growth stocks and the true market leaders outperformed the general market which is still consolidating and coiling tighter. During this period we have seen new stock market leaders emerge. In this video I go through the charts of these new leaders, the market indexes, sentiment and give my take on the action.
Have a good one!
-Richard
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Music from Absent Mind:
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Timestamps:
0:00 Intro
0:38 New Leading Stocks
9:30 Market Indexes (QQQ SPY FFTY GBTC VIX)
13:30 Last Weeks Watchlist
15:50 Sentiment Analysis
16:40 IBD Big Picture
17:40 GMI Signal
17:47 Stock Market Outlook
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Disclaimer
The content of this video is for educational purposes only and should not be taken as a suggestion to buy or sell anything
