Stock market outlook: 3 indicators say 30% S&P 500 rally not stretched

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Brasil Notícia Notícia

The stock market may feel stretched after its 30% rally, but these 3 indicators say it's not

Tom Lee acknowledged that a typical 5% pullback is possible, he argued in a Friday note that any such decline would be a buyable dip and that the stock market isn't as stretched as some think.

Those catalysts include the upcoming Federal Reserve meeting on July 26, which could see the last rate hike of this cycle. Additionally, Lee is looking to the July 28 release of personal consumption expenditures price data, which should mirrorFinally, Lee expects the July CPI report, scheduled to be released on August 10, to show continued disinflationary pressures.

 

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.

Stock Market Today: Dow threatens to snap 9-day winning streak as S&P 500, Nasdaq gainMarketWatch Live: Blue-chip Dow looks to build on longest win streak since 2017
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Stock market outlook: Deflation to hit earnings, stock pricesDisinflation will shift to deflation, hitting earnings and sending stocks lower, Morgan Stanley CIO says
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

S\u0026P 500 Forex Signal: Hovers at Top of Range Amid EarningsDuring Wednesday's trading session, the S&P 500 exhibited limited movement as market participants awaited major earnings calls from a range of prominent companies- Forex Forecast
Fonte: Daily_Forex - 🏆 567. / 51 Consulte Mais informação »