February 9, 2024 – Propelled by a small handful of tech stocks, the S&P 500 hit a new record high and crossed the 5,000 level this week. Unfortunately, market breadth—that is, the number of stocks participating in the advance—has continued to decline, causing market technicians to declare some caution as headlines proclaim up, up, and away. Today, we speak with Market Gauge's Chief Strategist, Michelle "Mish" Schneider, to discuss her outlook on the market and the economy.
Follow more of Mish's work at MarketGauge.com or on X @marketminute
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