There are conflicting indications between the broad market averages and cycle screening measures which take the temperature of the market on a micro basis. It suggests that a new Jive Five will be like the Nifty Fifty of the late sixties and 1970s. They kept the market averages perking along while the bulk of stocks were locked in long term bear markets.
That too was an era of high inflation and slow, or no growth. Non subscribers click here to access.
These reports are not investment advice. They are for informational purposes, intended for an audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance.