3 Red Flags gettyInvestors and traders responded to the inauguration of President Biden and the peaceful transition of power by boosting the stock market. Markets TomAspray - ViperReport.comIt was not surprising that the Nasdaq 100 Index ($NDX) led the market higher, gaining 4.4%. EEM TomAspray - ViperReport.comThe fund managers' outlook on both global equity markets and emerging markets is bullish, with allocation to emerging markets climbing seven percentage points last month alone. It is well above its weighted moving average (WMA) and support (line b). NYSE TomAspray - ViperReport.comThe NYSE Composite was up 0.40% last week, as it failed to overcome the prior week’s high at 15,129.

Source: Forbes January 24, 2021 19:07 UTC