‘Golden Cross’ Boosts Investors’ Confidence Entering Earnings Season

📆 2019/04/08 4:30:00
📰 WSJ

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A number of stock-market indicators show momentum accelerating ahead of first-quarter earnings season, a boost to major indexes as they approach last year’s all-time highs.

A short-term moving average of the S&P 500 crossed above a long-term one for the first time in nearly three years last week, a positive development for analysts who use such

lines to gauge the performance of an index. Meanwhile, the number of stocks hitting their highest level in a year continues to increase, as does the number of shares trading above...

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