[Chris Johnson Penny Hawk Header]( Tuesday, May 23, 2023 Hello â Depending on who you ask about the market right now, youâll get a variety of answers. Some people are hellbent that this is the beginning of a new bull market. Others, such as myself, realize that this market is still disconnected and avoiding reality at all costs. Well, there is something to be gleaned from those realities. In a way, neitherâs right nor wrong. This market is firmly planted in neutral. Thereâs undoubtedly some FOMO in play here â or fear of missing out â for some traders who are looking to ride the tail of a small rally. Heck, the top five companies in the NASDAQ 100 â which has left all other major indexes in the dust this year â have quickly discovered their share prices are directly correlated to the number of times they say âAI.â I kid, I kid. But you better believe there are traders who are buying off hype and hype alone. Regardless, there is some underlying data that tells me thereâs been a bit of a sentiment shift in the market â a bit more receptiveness to risk. If you arenât drilled down on the market at sector-by-sector level, itâs something you could easily miss. But you need to be careful. Thereâs some serious long-term risk on a lot of the stuff thatâs green right now. [Click here to watch my breakdown of the sector-by-sector level â and learn the two ETFs Iâm bullish on long-term to avoid fallout in this potential minefield.]( Chris Johnson [My Live Schedule]( By texting INCOME to 21852, you are expressly consenting to be texted about investing news, trade alerts and marketing communications from Money Map Press, LLC about Money Morning's Red Alert text messaging service at the phone number you use, even if the phone number is on a corporate, state or national do not call list. You also consent and unconditionally agree to our [Privacy Policy]( and [Terms of Use]( including the arbitration provision and class action waiver contained therein. Your consent is not required to make a purchase. Msgs may be sent using automated technology. Message frequency varies. Msg&data rates may apply. Text HELP for HELP and Text STOP to STOP. You are receiving this e-mail at {EMAIL}, as part of your subscription to Penny Hawk. To remove your email from this list: [unsubscribe here]( To cancel, or for any other questions or requests, please contact our Customer Service team:
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