Markets rallied further today as Powell was apparently less hawkish than expected despite noting that “ongoing rate increases would be appropriate”. Today saw the most new highs in stocks since 12/28/2021 and many of our setups triggered with volume, including ALGM up 16% after earnings, MBLY up 15%, LSCC up 6% and more. If the market can continue, these leaders could just be getting started.
The Next Market Leaders - 2/1
The Next Market Leaders - 2/1
The Next Market Leaders - 2/1
Markets rallied further today as Powell was apparently less hawkish than expected despite noting that “ongoing rate increases would be appropriate”. Today saw the most new highs in stocks since 12/28/2021 and many of our setups triggered with volume, including ALGM up 16% after earnings, MBLY up 15%, LSCC up 6% and more. If the market can continue, these leaders could just be getting started.