Michael Ashbaugh

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July 23, 2020, 12:03 p.m. EDT

Market rotation persists, small- and mid-caps extend break atop 200-day average

Focus: Silver and gold extend headline technical breakouts, AMD breaks to record territory, SLV, GLD, AMD, VMC, AZN

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Thursday, with the small- and mid-cap benchmarks rising respectably amid modest downturns across the big three U.S. benchmarks.

Against this backdrop, the S&P 500 continues to digest its early-week breakout, amid a less-than-spectacular, but nonetheless persistent, grinding-higher July uptrend.

Link to MarketWatch's Slice.