Since 2009, when the S&P 500 passes its 50-day moving average there is 90% chance of stock market doing this next

  • 📰 CNBC
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Since 2009, when the S&P 500 passes its 50-day moving average, stocks do this next

When the S&P 500 crosses over its 50-day moving average, a key technical level, stocks almost always keep moving higher.After logging its worst month since December, the S&P 500 bounced back to kick off the month of June, jumping 4.4%, its best week of 2019. In doing so, the index crossed back above its 50-day moving average.

Through Monday, the Dow was up for six consecutive days as it closed in on an all-time high. On Tuesday

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

when all the 'big' sign say bullish, it's time to sell

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:

 /  🏆 12. in BUSÄ°NESS

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.

Stocks making the biggest moves midday: Beyond Meat, GrubHub, Symantec & moreThese are the stocks posting the largest moves midday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Dave & Buster's, Medidata, and moreSee which stocks are posting big moves after the bell on June 11. Because bots dominate pre and after market trading volumes, that moment for retails traders has long gone. Of course, Dave and Buster's has a good happy hour.
Source: CNBC - 🏆 12. / 72 Read more »