In addition to the evolving situation on the ground, there are market-based indicators that are just as useful in clueing investors on what happens to stocks next.
"Although seasonality is bullish and sentiment remains mostly constructive, this deterioration across several notable market indicators could delay and/or could test our conviction in a summer rally for US equities," said Stephen Suttmeier, the chief equity technical strategist at Bank of America. In early June, there were disproportionately more advancing companies than decliners listed on both the New York Stock Exchange and in the S&P 500. These trends helped confirm the rally that rounded out the benchmark index'sHowever, this breadth indicator began to weaken in June. Suttmeier considers the slump a risk for the month of July, which is seasonally a strong period for the market.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Watch the economy and the stock market crash Along with the middle classes 401(k)s if Joe wins
21 July it will come down crashing!
Abolish money it’s the problem not people or our government Food clothing shelter medicine transportation communication education technology should be free and guaranteed in life Equality for all Freedom for all
Pence Warns of Young People Testing Positive as Hot Spots Worsen ['
Second U.S. Virus Wave Emerges as Cases Top 2 Million ['
Fauci says coronavirus may be mutating to become more infectious:
Virus Survivors Could Suffer Severe Health Effects for Years ['
Fauci Says U.S. Risks 100,000 Daily Cases in Dire Virus Warning ['
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market crash: Jim Rogers warns of blow-up amid Fed 'madness' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It is very much on the cards. Jim has been calling for a crash for years Doom of the Week brought to you by Business Insider.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Avis may be next Hertz for day traders as Morgan Stanley upgrades stock - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Ferrari F8 Spider convertible: Business Insider review, photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Very expensive recycled 488 I don’t know if you’ve seen the unemployment numbers, but extreme materialism is not cool. I found a $1.39 in my couch seat cushion. Almost there.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Columbia fund manager Rahul Narang likes value stocks in tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Investors bet on indoor rowing as the next home fitness workout craze - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. A “craze” orrrrr we don’t have a choice, so it becomes necessity? Rowing is the only Full Body workout, besides swimming. Blows away treadmill and bike.. rowing all the way any compaines doing this rowing apps
Source: BusinessInsider - 🏆 729. / 51 Read more »