S&P 500 and Nasdaq records, market bullishness: Takeaways

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Nasdaq Composite News

Market Strength,Josh Schafer

Major indexes concluded the trading day on a positive note, with the Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) achieving new all-time highs. Yahoo...

dissects the top takeaways from Monday's session, including the concentration of market strength in the technology sector, investor bullishness surrounding the S&P 500, and the potential implications of the US retail sales data for market dynamics.So we have more record highs for the S and P 500 the NASDAQ, and we also have more bullish call calls on how high the S and P 500 can go this year.

So my big takeaway from this chart being essentially yes, you can look at a lot of sentiment indicators that are gonna tell us we are stretched. But when you look at the fundamentals, this is from Goldman Sachs, and they point out, this is earnings revision, so upward revisions to earnings over the last year.Microsoft, NVIDIA, Amazon, Google, Meta 38% and the S and P 500 is flat and the rest of the S and P 500 is down.

But it seems like the economists largely feel like we are slowing down, but not entering a slow down cooling, not crashing, cooling, not crashing.‘I’m counting on this income’: Single mom in NC faces squatter nightmare after Airbnb guests refuse to leaveHere's what investors should expect from Enbridge's dividend in 2024. The post How Much Will Enbridge Pay in Dividends This Year? appeared first on The Motley Fool Canada.FEATURE Nvidia stock was trading down slightly Monday.

 

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