On this episode of StockCharts TV’s Sector Spotlight, I review the monthly charts for January 2024, in combination with the Relative Rotation on the Monthly RRGs for asset classes and sectors. At asset class level, the preference for stocks over bonds remains clearly visible. Looking at the monthly price charts and labeling all 11 sector trends reveals that 65% of market capitalization is in an UPtrend. Not a bad score for this long-term outlook.
This video was originally broadcast on February 7, 2024. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page.
Past episodes of Sector Spotlight can be found here.
#StaySafe, -Julius