Pockets of momentum are narrow Tuesday as rotation continues.
While cryptocurrencies are indeed an asset class, and they are divisible, they do not serve as a medium of exchange, and remain unproven as a store of value.
Growth Stocks led the market on Monday, but breadth was negative as small-caps lagged.
Action looks healthy after last week's bounce.
Unlike other space-related stocks, Redwire is already cash-flow positive.
This market needed some rest after last week.
The market is showing positive signs of sustained momentum.
It is still early, but the character of the market action shifted on Wednesday, and the potential for a new uptrend is increasing.
Because small-caps have been basically going nowhere for months, the chart of the IWM is setting up extremely well.
The corrective process continues as we await inflation news.