IWM could set new all-time high weekly close heading into Friday

The near-term trend for US Equities is bullish, and SPX and IWM are now within striking distance of all-time high territory.  IWM at current levels would officially represent a weekly all-time high close, while QQQ is lagging behind, given NVDA’s underperformance.  Given multiple indices now back near all-time highs, most of my work calls for a near-term stallout next week, and possible consolidation int...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Stay up to date with the latest articles and business updates. Subscribe to our newsletter

Articles Read 1/2

🎁 Unlock 1 extra article by joining our Community!

Stay up to date with the latest articles. You’ll even get special recommendations weekly.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Events

Trending tickers in our research

Stay up to date with the latest articles and business updates. Subscribe to our newsletter

Articles Read 0/2

🎁 Unlock 1 extra article by joining our Community!

Stay up to date with the latest articles. You’ll even get special recommendations weekly.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In