Andrew Thrasher, Portfolio Manager at Financial Enhancement Group, says the breadth looks strong with most stocks in the S&P 500 trading above their 200-day moving average. He adds that leadership is starting to shift back to the mega caps. He points out the VIX is back to hitting 52-week lows, and says rarely do we see large VIX spikes off of lows. He thinks the Fed is not eager to raise rates.
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08 Apr 2021
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