Stock market prediction, 8 investments to make in a rally: Chartmaster

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Brasil Notícia Notícia

A once-bearish chartmaster explains why stocks will regain momentum and rally after last month's pullback — and shares 8 investments that his charts say to make right now

that the index could tumble all the way to 3,200 — a scenario that he now believes is getting less and less likely.Where stocks are headed next, according to the chartsBased on his charts, Keller's hunch is that the S&P 500 is near the lower end of a longer-term uptrend. He's encouraged by the higher highs and higher lows the index has made in the last few months.

If the S&P 500 can get back above the crucial technical support level of 4,100 and hold it, which it failed to do in the first half of February, then Keller said the index could break through to 4,300 as new buyers come back into the market. "I think the challenge to this market is, we're one bad inflation headline — or good inflation headline, really — or one more hawkish comment away from that shocking things to the downside pretty quickly," Keller said.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 729. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

The stock market is about to stage its strongest rally of 2023: Fundstrat6 reasons why the stock market is poised to see its strongest rally of 2023 over the next 2 months, according to Fundstrat alaskarebel Yes alaskarebel It pays to elect a Democratic President!!
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Tesla Stock Drops While Other Automakers' Stocks Rise Following Tesla Investor Day — What Happened?What went wrong? Tesla held a big Investor Day event, yet at the end of it, Tesla's stock tanked and the stocks of competing automakers rose. I'm going to provide a few different perspectives here Makes perfect sense really 🙄 The market is irrational over the short term. Tesla didn’t tell fund managers how they would make some money in the next qrt. They explained how they’d bucket loads in 28 quarters. It went right over their heads 🤦‍♂️
Fonte: cleantechnica - 🏆 565. / 51 Consulte Mais informação »

NJ Cannabis Insider Live Cannabis Business ConferenceOn March 8, NJ Cannabis Insider Live--known for its conferences, meetups and job fairs-- is bringing you a multi-track conference featuring an impactful combination of general sessions, breakout discussions, speed networking and vendor exhibition. Buy tickets to support the dumbing down of our public? interesting what smallbiz newjersey will look like at this conference…. anyone want to go?
Fonte: njdotcom - 🏆 282. / 63 Consulte Mais informação »