Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020.The current stock market rally looks "eerily close" to the one starting in 2009, and if the trend continues, the S&P 500 could rally an additional 12% from current levels, according to Datatrek.
The S&P 500 could follow the 2009 playbook and hit 3,763, especially if 2021 earnings estimates continue to rise, Colas said.The 2009 stock market rally from its March 6 bottom looks "eerily close" to the current rally from the March 23 bottom, according to Datatrek. Besides price action, there's one big similarity in the S&P 500 market rallies of 2009 and 2020: earnings expectations. In both years, investors believed in "a powerful rebound in corporate earnings," said Colas.
While the stock market surges off the 2009 and 2020 bottoms look similar, there are some differences under the hood.
ممكن اشتراك في قناتي على اليوتوب الله يحفضكم🙏
Gold shortages are here and increasing. Sandstorm Gold is going to have INCREDIBLE cash flow for next decade. $1800+ Gold spot price certainly does not hurt!
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Inside Orum House, the Bel Air mansion shaped like a propeller: photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wowed by this house!
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Inside Benetti's 353-foot hybrid gigayacht 'Luminosity' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I may be mistaken but I think it's currently docked in Portofino, Italy. My offer, 1 Bitcoin
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Inside the French Riviera's pandemic party problem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Houston we have a problem.... or in this case, France. 25 guys and only one woman, huge problem.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Stock market news today: Stocks mixed after S&P 500 record close - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Gen Z, millennial traders taking more stock market risks, E-Trade says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It'll calm down as soon as we can get on college football again 🙃 I smell a top. Anybody else smell that?
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Target soars 9% after crushing earnings and reporting record same-store sales jump (TGT) | Markets InsiderTarget on Wednesday reported quarterly earnings that blew past Wall Street's expectations for the retailer. Shares of Target surged as muc...
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »