Surprising fact:
The S&P 500 hitting a new all-time high is historically a pretty bullish signal for the U.S. stock market: Over the previous 32 times that the index has done so, the S&P averaged a subsequent gain over the next six months to a year, according to data from Bespoke Investment Group.“Optimism is hitting investors from all directions,” says Charlie Ripley, senior investment strategist at Allianz Investment Management.
hahahahaha! sure...
That's a good one...
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S&P 500 jumps to record high on strong earnings, trade-deal progressThe S&P 500 hit an all-time high today following strong earnings and progress on U.S.-China trade. The S&P 500 rose 0.3% at the open to trade above 3,027.98, the record set on July 26. Anyone want to guess where it's closing though? At this rate it's about to blow through 3050. Strong earnings😂😂😂 What is the progress on the trade deal, specifically?
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S&P 500 propelled to record high by strong earnings season - Business InsiderThe S&P 500, Nasdaq composite, and Dow Jones industrial average all rose during US trading on Monday.
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S&P 500 heads for record as earnings reports signal a recession is nowhere near'Of the S&P 500 companies that have reported over the last month, just 32 mention recession on their calls,' says Nick Mazing of Sentieo. And then there is reality... Q1 GDP 3.1% Q2 GDP 2.0 % Q3 GDP forecasted at 1.5% By definition a recession is 2 or more quarters of negative GDP growth. We are not there yet but certainly moving in that direction A LOT of stocks tanked this earnings season with flat and negative revenue growth ?
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These are the stocks that led the S&P 500 to the cusp of new recordStrong performances by technology and bank stocks have sent the S&P 500 climbing this month. la razón del alza del S&P 500 y los nuevos máximos...
Source: CNBC - 🏆 12. / 72 Read more »