🚨

The $IWM is trading at the same levels as December 2020.

The $DIA is trading only 5% above the same levels as November 2021. (Mostly thanks to Microsoft being 2nd top holding)

The $RSP (equal weight S&P500) is trading at the same levels as November 2021.

The $NDXE (equal weight Nasdaq-100) is trading only 1.4% above the same levels as November 2021.

This market is AI or bust imo.

Lacks breadth…

# Turn to AMZN or GOOG as Semi Rally Cools Down?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment2

  • Top
  • Latest
  • cheeryk
    ·06-17
    Great analysis! The market definitely lacks breadth. 📉
    Reply
    Report
  • IrisJack
    ·06-17
    Bust market... [Sad]
    Reply
    Report