Most names highlighted in yesterday diary rallied strong and hard. The continual market rally is broad based across all various cap size and sectors as the 3 major indexes continue to push beyond its rising 10-MA.
Crypto theme is running extremely hot with relative ETFs averaging gains of +6%/day since the 2023 and most related names rally strongly without a pullback of more than 2 days. This is definitely the group to have some exposure.
Thanks for reading.
PS: If you enjoy the above curated article, you may follow me on twitter (@jeffsuntrading) to get daily market diary, trading ideas and market updates.
24/1/2023 Market Diary & Playbook
-most names highlighted in yday diary rallied strong and hard
-continual rally is broad based across all caps and sectors. 3 main indexes pushing beyond its rising 10-MA
-crypto theme running extremely hot. avg +5.8% per day since 2023 pic.twitter.com/6zWnfpB8v7
— Jeff Sun, CFTe (@jeffsuntrading) January 24, 2023