Buy Tennant Company And Brown & Brown

Below, we see the performance of the US indices in the first 2 weeks of 2023. Note that the Value Line index is number one. This is an equally-weighted index of 1700 stocks, so it is very representative of most stocks on the exchange. The Russell 2000 Index is a small-cap stock market index that is comprised of the smallest 2,000 stocks in the Russell 3000 Index. Numbers four and five are the S&P small and mid-cap averages. Note that the large-cap indices like the S&P 100 and the Dow are near the bottom of the list. I expect these trends to persist into the spring.

The S&P 600 has risen 89% of the time from January 22^nd to June 8^th over the last 28 years. These stocks are scanned by relative strength and by cycles.

TennantTNC
Company designs, manufactures, and markets floor cleaning equipment. The stock is ranked third in the S&P 600 for cycles and relative strength. Relative strength bottomed in May of 2022. From January 27^th to April 21^st, the stock has risen 67% of the time since 1980. There are higher lows in momentum weekly. The share price is due to reach $75 or higher over the coming months.

Tennant Weekly Graph

Brown & Brown, Inc. markets and sells insurance products and services. The stock is top-ranked in the S&P 600. The weekly graph below shows intact uptrends in momentum and relative strength. A breakout from the eight-month trading range appears to be imminent. The monthly histogram shows that the stock is in its seasonally strongest time of the year. From January 27^th to April 20^th, the shares have risen in price 76% of the time since 1980. The stock may reach may reach a new high over $75 by the spring.

Brown & Brown
BRO
Weekly Graph

Brown & Brown Monthly Histogram