Why the stock market is so frustrating right now

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Welcome to the grind.

Don’t call it a dull market, but a failure to see a sustained move up or down by major indexes may have impatient investors banging their heads against the wall.

“It’s a function of the trading range that has effectively characterized the major indices for…several months,” said market technician Katie Stockton, in a Friday phone interview. “It has been a week of a grind,” said Tom Lee, co-founder of Fundstrat Global Advisers, in a Friday note. “It wouldn’t necessarily mean we’ve launched into a one- or two-year bull cycle, but it would certainly improve the outlook for the next several months,” she said, and could be a counterweight to weak seasonals that begin in May.

“It has likely required quite a bit of buying power just to keep stocks propped up over the past few months amidst the fundamental headwinds, so perhaps the bulls are, indeed, exhausted and need to catch their breath,” he wrote.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 3. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

The Labor Market Might Be Bending; It Isn’t BreakingHeard on the Street: The U.S. job market isn't at a rolling boil anymore. It's hardly tepid.
Fonte: WSJ - 🏆 98. / 63 Leggi di più »