S&P 500: Up
Market Health Check + Trade Ideas
Week 4: Market Health Check & Trade Ideas
Last Sunday’s letter summarized a near term outlook that afforded the bullish stance a benefit of the doubt— the S&P 500 ended the week up +1.68%, the Nasdaq +1.87%— and more pronounced was the small cap category with the traditional Russell 2000 +4.46%. (the modern day small cap barometer ARKK closed up +5.14% last week)
It is the end of the month— and as with every end of month letter this weeks note will provide update to the 3 series of trade ideas: U.S. Small Cap Equities, Outside of US Equities, and The Gold Trade.