Preview

The Monday Morning Playbook: Week of March 4, 2024

Breaking out + March ETF portfolio updates

Good morning,

February was supposed to be tough sledding. The month was seasonally one of the worst, breadth was deteriorating, small caps were falling apart and the market was forced to reckon with a Fed that wasn’t going to deliver cuts anytime near the next month.

So what happened?

Everything rallied. The S&P 500 gained 6%, closing at a new all-time high on Friday. All 11 sectors were higher and gains were finally led by sectors other than technology, though tech still outperformed.

Watch with a 7-day free trial

Subscribe to Brown Technical Insights to watch this video and get 7 days of free access to the full post archives.

Brown Technical Insights
Brown Technical Insights
Authors
Scott Brown, CMT