Summary
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- The article provides an update on the market outlook for 2024 using the latest Momentum Gauge® signals.
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- It discusses the rotation from technology stocks to value stocks and the impact on the market.
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- The article highlights the importance of following money flows and finding the best valuations to avoid major market downturns.
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- The odds of a Fed rate cut in June have dropped to 16.6% down from near certainty of 100% in January and “higher for longer” is beginning to show cracks in the market.
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- Money flows are showing increased volatility and movement toward safety and value stocks as investors begin to take profits from technology.
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- I am JD Henning. A Finance PhD and investment adviser with 30+ years trading and investing. I run Value & Momentum Breakouts where I identify breakout signals and breakdown warnings using technical and fundamental analysis. I run the investing group Value & Momentum Breakouts.
