Stocks are once again flirting with the highs of the year at 4,600 on the S&P 500 (SPY). And yes, will likely crack above given the positive seasonal effects that comes with typical Santa Claus rally.
Even better than that is that FINALLY investors are taking profits on bloated technology and mega cap positions. This money is being rotated to deserving small and mid cap stocks that have woefully underperformed to this point in 2023.
