The stock market is showing signs of shaking off its late summer slump, paving the way for a potential year-end rally. But many of Wall Street's top chart watchers aren't buying it. The S & P 500 is up more than 3% since Oct. 3 and has risen comfortably above its 200-day moving average near 4,200. That can sometimes be a positive sign in technical analysis because it means that a key area of downside support held firm.
This divergence has been a talking point for most of this year, and still has yet to be resolved. We remain in the camp that it's only a matter of time before the winners succumb to what most of the rest of the market has been saying for months now." The S & P 500, like the Nasdaq-100 , is a market-weighted index, so rallies in a few big stocks can sometimes give an unclear picture of how the rest of the market is doing.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Market Poised to Head Much Higher From HereStocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com
続きを読む »
Earnings: Early Trend Suggests EPS Growth May Have Already Bottomed in Fiscal Q2Market Overview Analysis by Investing.com (Francesco Casarella) covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Investing.com (Francesco Casarella)'s latest article on Investing.com
続きを読む »