(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:
Is the Stock Market “Melting Up”?
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