News Formal

Strong Market Breadth Suggests Bull Market Still Has Room to Run

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 31 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 53%

S&P 500 Berita

Ishares Russell 1000 Growth ETF,Ishares Russell 1000 Value ETF,Communication Services Select Sector SPDR® Fund

Stocks Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500, iShares Russell 1000 Growth ETF, iShares Russell 1000 Value ETF, Communication Services Select Sector SPDR® Fund. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.

2023 saw mega-cap growth stocks dominate, but the new year has shown a shift with communication services surging.Learn more here>>

While the 2020 post-pandemic market holds the record for the strongest gains , the 1946 bull market saw the weakest performance, albeit still positive . Finally, a breakout occurred late last year, and 2024 has seen consolidation above a key support level. Such consolidations often signal a continuation of the long-term trend, which in this case remains bullish.

However, before declaring a definitive bearish turn, we need to see a weakening in market breadth. This would manifest as a general market reversal, but currently, 58% of S&P 500 stocks remain above their 200-day moving average.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
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:

 /  🏆 450. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

These 3 Stocks Have Reached Pivotal Turning Points - Here's How to Trade ThemStocks Analysis by Investing.com (Calogero Selvaggio) covering: Micron Technology Inc, Paramount Global Class B, Meta Platforms Inc. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

History Suggests Bull Market Still Has Room to RunStocks Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500, NASDAQ Composite, CBOE Volatility Index. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »