Friday 9 June 2023

Small-cap stocks just experienced their most explosive rally ever

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Sam Stovall, chief investment strategist at Standard & Poor's Equity Research, told MarketWatch on Thursday that the rally in small-cap stocks has caused investors to wonder whether U.S. stocks are experiencing a potentially profound shift in market leadership after a handful of megacap technology names had led the market higher for most of the year.

"While cable's aggressive postpaid phone service prices have won 45% of '23E industry net adds, T-Mobile's leading price/ value proposition positions it best for the majority of new subscribers who purchase 3+ lines per account," analysts said in a client note.






DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.








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