I'm curious about the main catalysts and contributors of this rally in stocks, especially the SP500 (SPY). How many stocks are above their 200 SMA?
Why is (XLF) (financial sector) not participating in the rally?
(RSP) equal weight is not performing as well as I would expect for a genuine rally and appears to be lagging.
Smaller energy companies, especially alternate energy sources, such as nuclear ones, like (SMR), are not really performing at all.
This rally seems to be highly dominated by a few large caps, how long can that last?
CPI for April was 3.8%
PPI now 6%
These factors will continue to grow with inflationary factors, like the war and oil prices, etc, and accumulate with each passing month, if status quo maintains.
I can't understand the logic behind this colossal run up in the indexes.
Any thoughts people? Perhaps I'm missing alternate perspectives? Or I'm just a pessimist?
I'm also actively holding positions in (UVIX) to benefit if volatility arises soon.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
