The One Play I'm Making in This Range-Driven Market
February 09, 2020 at 09:30 AM EST
The fast-moving rally that swept stocks higher last week took the S&P 500 and the other benchmarks right back to their respective highs. Well, all the indexes except one important one: the Russell 2000 Index. Last week's rally was not led by the small caps. It was led by the large-cap tech stock names that have become almost "safety trades" due to their popularity. This all means the market is not likely to surge back into new high territory. Instead, I expect a fall into a trading range environment. So far, the indication is that February will continue seeing a range-driven market. Of course, we can make a lot of money in a range! Read more... Tags: Investing To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The One Play I'm Making in This Range-Driven Market appeared first on Money Morning - We Make Investing Profitable .