We're back to 'regularly scheduled' bull market: Strategist

📆 14/08/2024 10:45 a. m.
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Moving Averages Noticias

Ryan Detrick,Consumer Price Index,Bull Market

The major indexes (^DJI, ^IXIC, ^GSPC) are seeing gains in their five-day moving averages as they recover from the prior week's sell-off. Stocks remain...

Carson Group Chief Market Strategist Ryan Detrick believes last week's market pullback is not wholly indicative of a bull market.

And one more quick thing on technicals, the S and P 500 I mean, it's kind of, we'll see where we close. So what is it that investors should be looking for when they're trying to identify those investment opportunities? But when you have these positive drivers with an economy that we thought was in a recession this time seven days ago, now we're like, wow, maybe services is actually pretty good, you know, we got record earnings, it's slowing.

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