You Don’t Want to Miss Out on This Next Big Money-Maker
The 50 largest stocks were up 22.5%, easily outpacing the market-cap weighted 15.8% return, and more than four times the equally weighted gain of 5.2%. Another surprising and sobering data point from the last few weeks: Nearly 60% of stocks in the index – or 300 out of the 500 – were below their 50-day moving averages. That’s a widely used technical indicator, and stocks below their 50-day are considered weak. But like those cicadas, something else is emerging. And it can make you a lot of money.
