Weekly MOTR Report (WMR): “MAG7, Beware of Strong Dollar.”

This Week's Highlights

  • META’s earnings-compelled +20% surge on Friday drove the S&P into fresh record territory.
  • However, the rest of the market had its own augmented reality going on, as the average stock actually fell -0.49% on Friday, with 68% of stocks actually posting a decline.
  • Unfolding since the new year began, a minor breadth divergence gained steam as a result of Friday’s disconnect.
  • In the weeks ahead, in addition to 4500. . .

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