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Pristine Market Analysis & Watchlist 1.17.24

Pristine Market Analysis & Watchlist 1.17.24

📈 Investors are Front-running a Market Rebound

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Jan 17, 2024
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Pristine Capital
Pristine Capital
Pristine Market Analysis & Watchlist 1.17.24
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  • S&P 500 loses the 20-day SMA

  • Growth stock investors buy-the-dip in their favorite names

Team,

Friendly reminder 👇

-Andrew


Market Update

News/Economic Data

Via Bloomberg

Retail sales data came in hotter-than-expected👇

YTD Performance

Is this the beginning of a correction, and the high relative strength stocks just haven’t been hit yet? Or is the market coming out of a micro-dip, and those high relative strength names are leading the pack?

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