and the job market remains resilient — hinting at the possibility an actual recession could have already come and gone.
"The issue is this has become the most widely anticipated recession ever, which raises the question whether a 'rolling recession' has already passed," Lee said in a Friday note.near-20% rally from its mid-October low, with yet another bullish technical signal suggesting that the year-long bear market has flipped to a brand new bull market.
"The S&P 500 has now spent more than 25 weeks above its 200-week moving average. Since 1950, there are zero instances of the S&P 500 making a new low once it has recovered above the 200-week moving average and spent at least 15 weeks there," he explained. The signal has a 100% win ratio, according to Lee, with one-, three-, six-, and 12-month returns being positive every single time the S&P 500 passed the milestone of remaining above its 200-week moving average for 25 consecutive weeks.
"October 12, 2022 is the low for this cycle," he said, adding that his views have been strengthened by other bullish signals like
Good
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Airline stocks shares fall on American's so-so 1Q outlookShares of airlines are falling after American issued a lackluster first-quarter outlook and said profit could be below Wall Street expectations. American said Wednesday that it expects to earn between a penny and 5 cents per share for the quarter that just ended. That leaves room for American to fall short of analysts' prediction that the airline would earn 5 cents per share. American indicates that demand for travel remains strong despite inflation and economic uncertainty, which is helping airlines charge higher fares. But they also face rising costs for labor and jet fuel. That’s what happens with inflation making prices jump way up.
स्रोत: AP - 🏆 728. / 51 और पढो »
Oil stocks rise unexpectedly on SPR release, weak exportsU.S. crude inventories rose unexpectedly last week, the Energy Information Administration said on Wednesday, helped by release of oil from the U.S. government emergency reserve as well as weaker levels of export. Hahaha, Hahaha
स्रोत: Reuters - 🏆 2. / 97 और पढो »
Morgan Stanley's Slimmon names 'attractively priced' stocks to beat the economic uncertainty'The U.S. economy is not rolling over,' says the senior portfolio manager, who expects a slowdown will happen later than many have predicted.
स्रोत: CNBC - 🏆 12. / 72 और पढो »
Airline stocks shares fall on American’s so-so 1Q outlookAirline stocks tumbled Wednesday after American Airlines issued a lackluster outlook that appeared to amplify fears that travel demand, which has surged for the past year, could finally be slowing in the face of inflation and economic uncertainty.
स्रोत: WashTimes - 🏆 235. / 63 और पढो »