Your Daily 5: January 7, 2021
John Kosar shares his most influential charts and data series for the current week. The US stock market is closing in on upside targets that John identified in early November amid currently strong market internals. However, the market is also historically over-extended and history warns of a potentially nasty 1st Quarter decline.
Asbury Research’s Top 5 charts and data series are listed below.
- S&P 500 Benchmark and targets 0:54
- NASDAQ Composite 2:51
- Asbury 6 Market Internals 4:46
- Sector Asset Flows – Financials & Energy 8:01
- S&P 500 Seasonality Weakening 9:43