By looking at a recent SPY chart you might conclude that stocks are trapped in a short-term trading range between 118 and 120:
However, the S&P doesn’t tell the full story. More speculative Small Cap and Tech stocks are on a different trajectory: price has left their trading ranges to the upside, quite a bullish sign. Riskier assets seem to attract the money:
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A young and savvy, yet experienced and accomplished investments mogul since ‘01; Michael has amassed a fortune as a private self investor. Recently starting his own successful blog and turning it in to a corporation — MIV Investments Inc., a company offering advice to thousands of people worldwide and attracting contracts from various reputable sources. His articles and publications have been linked to Forbes, CNN Money, Reuters, Bloomberg, and many other top worldwide mainstream media sources.
Michael Vlaicu
