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Su0026P 500 Growth Continues: Why and What's Next

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05.22.24: Final Bar host David Keller, CMT welcomes Mike Singleton of Invictus Research. David highlights a bearish momentum divergence for gold and also how mid cap and small cap stocks have yet to make new highs in Q2. Mike paints a bullish picture for stocks based on economic growth and improving earnings, and why materials may be the best way to play the reflation trade.

Dave's chart showing bearish momentum divergence for GLD: https://schrts.co/UUjyJYBR

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00:00 Welcome to the Show!
01:09 Market Recap: S&P 500 ETF (SPY)
07:54 S&P 500 Index ($SPX), S&P Midcap 400 ETF (MDY), Russell 2000 ETF (IWM)
10:29 S&P 500 Equal Weight ETF (RSP), SGold Shares (GLD), Nvidia (NDVA)
13:50 Microchip Technology (MCHP), KLA Corp (KLAC), First Solar (FSLR)
15:24 Moderna (MRNA), Pfizer (PFE), Electronic Arts (EA)
17:52 Lululemon Athletica (LULU)
19:11 Interview with Mike Singleton of Invictus Research

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posted by zdanilek