One simple chart points to a stock market rebound

retreated from its own highs. A day earlier, both indexes suffered their worst day of the year as trade tensions between the U.S. and China escalated.

Since the beginning of 2018, the S&P 500 moved as high as a record 3,025 last month and as low as 2,346 during its December slump. The 200-day moving average, which smooths out intraday and day-to-day volatility, shows the S&P 500 in a period of consolidation over this stretch.

TradingNation So because the market has trended upward for 10 years it’s going to continue to trend upwards. Insightful.

TradingNation This is not what the left wishes to hear.

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Stocks plunge on Wall Street as US-China trade war escalatesNEW YORK (AP) — Stocks are plunging on Wall Street Monday on worries about how much President Donald Trump's escalating trade war with China will damage the economy. Major U.S. indexes are headed... Thanks Obama! Trade wars are good and easy to win Trump better watch his moves. The economy is the one thing that may save him next year. If that goes in the tank, he’s toast.
Source: AP - 🏆 728. / 51 Read more »