Is the Stock Market “Melting Up”?

Stock Markets38 minutes ago (Jun 09, 2021 02:30PM ET)

(C) Reuters. Is the Stock Market “Melting Up”?

The last few weeks the S&P 500 (SPY) has been beset with wild sector rotation. That is still at play. However, another trend may also be emerging that deserves some conversation. That is the notion of a market “melt up”. What is that? And what does it mean for our trading strategy? I will answer that and more in this week’s commentary. Read on below to find out more….First off, I want to make sure that you watch our Members Only Webinar recorded yesterday. There I provided my market outlook for the second half of the year and what it means for our trading strategy.

Indeed it was spending time over the weekend putting this webinar together which led to the portfolio overhaul and 6 trades made on Monday morning. So this is important ground to cover as it sets the paces for how we should trade in the months ahead.

All in all I cover:

Continue reading on StockNews

Is the Stock Market “Melting Up”?

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Related Stories


Popular Categories