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Is This The Next Leg of the Bull Market?!

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StockCharts TV

05.07.24: Host Tom Bowley loves to see the price action moving above the 50day MA, leading him to believe we may be heading into the next secular bull market advance. You'll need to keep and eye on the CPI coming next week though. Tom shares how interest rates play into the war between small caps and mega caps, he then covers his chart of the day, FreshPet. Tom finishes up the show sharing a valuable scan for high momentum stocks.

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00:00 Welcome!
00:40 Yesterday's Action
06:13 10Year Treasury Yield ($TNX)
07:14 Russell 2000 ETF (IWM)
07:50 S&P 500 ($SPX)
09:41 Nasdaq 100 ($NDX)
11:15 Small Caps vs. "Cash Cows"
13:12 Dow Transportation Index ($TRAN)
14:08 Earnings Beats
15:46 Chart of the Day: Freshpet (FRPT)
20:22 Growth vs. Value Scan
23:26 High Momentum Scan Results
24:15 Palantir Earnings (PLTR)
25:43 Market Open + Conclusion

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