The Disconnect Continues

Keith Schneider | July 11, 2021

Both the S&P500 and the NASDAQ l00 continued their leadership by hitting new All-time highs while Grandpa Russell (IWM) continues to lag. Market Cap heavy FANG stocks are masking poor market internals and the Economic Modern Family is showing lackluster relative performance. However, overall, good volume, record money inflows with positive price action is still the narrative…. Meanwhile, KRE (Regional Banks aka the Prodigal Son) had monster performance on Friday which could indicate that the

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