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.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
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
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »
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
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »