Another interesting development is the price action of the Russell 2000, the next biggest index in the U.S. after the Dow, SP500 and the Nasdaq. The Russell 2000 has made a new 52 week closing high, an indication of strength. There has been concern for some time that this market rally does not have breadth, or in other words, it is being dominated by a handful of stocks. Perhaps this is changing. See the chart below.
My next trading lecture will be at Newcastle ATAA on the 14 December. See the link below for details.
Peters Portfolio is now 2 years old after I went back into the market in October 2017. It is up 64% or an average 32% p.a. If you would like to know more about how to achieve those sort of results, feel free to contact me. Details of the portfolio are on the Peters Portfolio page of the website. Details about coaching are under the Products and Services banner on the website.
Have a great weekend.
CEO's are hired for their intellect and business expertise, and fired for their lack of emotional intelligence. Daniel Goleman, author of Emotional Intelligence.