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The Russell 2000 is now trading above its 50-day moving average.
It's the second trading day we're seeing this, which means we are finally bullish again. Or at least small-cap stocks are.
And I'm willing to bet most of you don't know where this rally is coming from…
It's because of EV stocks, and I'm getting pretty excited about it. So in today's video, I'm going to show you exactly what caused this catalyst… why EV and chip stocks are a match made in heaven… and the top EV and chip stocks to watch this spring.
The first EV stock on my list has been trading above its 50-day moving average for several days, and it looks like the stock is ready to make a comeback.
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Get the Names Here | | 4 Top Stocks in the Strongest Sector
| | Global stock markets are substantially higher today. As I filmed this video, the Dow Jones and Nasdaq futures were up about 200 and 70 points, respectively.
But here's what's interesting about this…
The correlation between the iShares 20+ Year Treasury Bond (Nasdaq: TLT) and the Nasdaq looks like it's wavering. It's the first time I've seen this in a few weeks, so I anticipate bonds to drift sideways for a little while.
In today's video, I have more on the biggest threat to the stock market right now… which major index is set to pull back next… which Federal Reserve data is impacting the price of stocks this week… the top sector breaking out at the moment… and the top stocks in the strongest sector.
Money is moving into defensive stocks right now — like Real Estate, Utilities and Consumer Staples. And you can find all of the top stocks I have for you today in these three sectors.
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