Stocks hit a new high for the year this week, back on track to match a post-election pattern that has stood the test of time.
"With the S&P 500 up only 1.3 percent since the midterm election last November, there indeed could still be room for stocks to run in 2019," LPL's Ryan Detrick said in a note on Wednesday. President Donald Trump, 'glued' to the stock market's fluctuations, is a big champion of this market pattern as he views a booming market as his way to re-election. CNBC reported last week Trump is pushing hard to strike a trade deal with China in the hope of lifting the stock market ahead of his re-election bid.
a broken clock is right twice a day
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeffrey Gundlach says the stock market was and still is in a bear marketAfter a stellar rebound, Jeffrey Gundlach still thinks stocks are in a bear market. wait & see time so we should shift to bull market soon.. or at some point :) What is his definition of a bear market.
Source: CNBC - 🏆 12. / 72 Read more »
Oracle's near-record high stock wobbles after earnings beat
Source: MarketWatch - 🏆 3. / 97 Read more »
Apple stock is cheap, no matter how you slice it, market watcher saysOppenheimer's Ari Wald says Apple might be range bound for a bit, but Chantico Global's Gina Sanchez says the stock is a bargain.
Source: CNBC - 🏆 12. / 72 Read more »
Just 10 stocks have accounted for a quarter of the 10-year bull market's returnThe bull market's historic 10-year run is due in large part thanks to the success of a handful of high-powered stocks, Goldman Sachs calculates.
Source: CNBC - 🏆 12. / 72 Read more »
5 rock-solid ETFs for an uncertain 2019 stock market5 rock-solid ETFs for an uncertain 2019 stock market (via JeffReevesIP)
Source: MarketWatch - 🏆 3. / 97 Read more »
Stock investors wonder whether the bond market knows something they don'tThe market behavior that prompts this query is a decline in Treasury yields coinciding with rising stock prices. Who on earth would buy this market above 2800?... Wake me up sub 2000 and I'll get excited about stocks again
Source: CNBC - 🏆 12. / 72 Read more »
Stocks are rising as Brexit progress and a $6.9 billion tech takeover lift the market moodUS futures and Asian stocks rose as a buy rating on Apple, a $6.9 billion takeover and progress on Brexit lifted sentiment.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Boeing’s stock keeps Dow futures under pressure, but broader market aims for slight gainsFutures for the S&P 500 and the Nasdaq-100 edge higher on Tuesday but those for the Dow remain under pressure as a fatal plane crash of a Boeing Co. aircraft over the weekend weighs on the blue-chip index.
Source: MarketWatch - 🏆 3. / 97 Read more »