Pristine Market Analysis & Watchlist 7.11.24
Small Caps Rip & TSLA Dips🔥
Team,
We discussed how extended the megacap tech stocks were vs small caps at length in prior notes, and came into today’s session positioned for rotation! We even rotated out of our QQQ Nasdaq overweight and into IWM small caps in our Pristine Long-term Investing portfolios as of our Monday 7/8 rebalance.
Let’s take a look at the aftermath of today’s moves and see where the opportunities lie. HAGE🍻
-Andrew
Market Update
July Index Performance
Just like that…Russell 2000 small caps are outperforming the Nasdaq!
Economic Data/News
CPI came in light! 👇
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