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The crowd sentiment poll compiled by Ned Davis Research, a composite indicator that includes investor surveys, option data and asset analysis, recently fell to a level that had coincided with stock reversals in March 2020 and 2011. Morgan Stanley strategist Michael Wilson, who has been bearish on stocks throughout the year, this week said a "tradable tactical rally looks likely," with S&P 500 rising to as high as 4,000 "as good a guess as any." The index closed at 3,719.98 on Tuesday.
Bottom occurs 6 months before predicted federalreserve pivot. Notice the brevity of Fed Speak. The market was pummeled by orderflow coinciding with constant market berating Fed speak. It’s all about price of Oil in end. Ultimately inflation is good for equities.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Dow climbs nearly 600 points as stocks open sharply higher after Friday’s punishing selloffU.S. stocks opened sharply higher on Monday, with the Dow Jones Industrial Average advancing nearly 600 points, as stocks rebounded following Friday’s...
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
U.S. stocks book big gains Monday, S&P 500 records best day in two weeksU.S. stocks closed sharply higher Monday as quarterly corporate earnings picked up steam. The Dow Jones Industrial Average gained about 550 points, or 1.9%, ending near 30,188: greedflation
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
Investors should 'pick through' for stocks that have bottomed, Gilman Hill's Jenny Harrington saysInvestors should do research to find individual stocks that are at the right price, she said. Let me know the picks when y’all get them huh? Looks like APE bottomed at $1.48.. now at $2.10+ Tesla is a buy
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Wall Street surges as market seeks bottoming signsWall Street's main stock indexes rallied as much as 3% on Monday, catalyzed by better-than-expected Bank of America earnings, while traders debated whether recent wild swings signaled some sort of bottom was forming after new-bear market lows were reached last week. Does this mean it's about to bottom out. Nothing changed. Inflation is high and deep recession is imminent due to delayed response from Fed.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »