Wall Street begins high stakes summer with market at critical levels as economy reopens

The fastest-ever 35% collapse from a record high followed by one of the strongest and most relentless rebound rallies in decades. The violence of the descent, on an unprecedented enforced economic halt and incipient credit panic, was hard to escape. And the ferocity of the run higher difficult for many wary investors to believe or ride.

As Instinet technical strategist Frank Cappelieri put it Friday, "The price action and chart patterns remain bullish, while the secondary indicators are flashing warning signs." Options traders are getting quite aggressive in their bullish bets again, with the 10-day average of downside-put to upside-call volume near extreme lows seen in January of this year and January 2018, both near market peaks.fast-money fatigue after a headlong sprint, coming after a nasty downside reversal midday Thursday. And some widely followed trend indicators have reached "upside exhaustion" readings.

is 3067 – about 1% above last week's closing level and well below the typical forecasted gain of 5-10%.

Here are the Fed's ETF holdings as of May 19, ordered by aggregate market value.

Don't fight it ride it.

The market will never go down again. Ever.

who cares about rioting? the only movement the federalreserve banking cartel cares about is MORE PRINTING!!!

Wall Street 🔥 🔥 JusticeForGeorgeFlyod inequality BlacklivesMaters

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Wall Street Week Ahead: Investors eye consumer discretionary stocks as U.S. reopensInvestors are taking a closer look at the market's consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of the sector's hardest-hit names. STOCKS ARE ALL GOVERNMENT SPENDING 01_The Destruction of Jerusalem - Great Controversy (1911) Ellen G. White 01_The Destruction of Jerusalem - Great Controversy (1911) Ellen G. White
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Large Wall Street speculators don't believe in this market comebackLarge spectators — hedge funds and other big traders — have pushed their net short positions on the S&P 500 futures to the most aggressive since February 2016, according to Bank of America. Pro Pro I didnt believe it either until last week. There was just too many devastating stories that only made the markets increase. So, I came off the sidelines and went 50% back into equities Pro Well, that's just simply because they are SPECULATORS. For them is more convenient to short sell.😑😒
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »