3 Market Indicators Suggesting Bullish Resilience Is Here to Stay

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 44 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 53%

S&P 500 News

NASDAQ Composite,Ishares Iboxx $ High Yield Corporate Bond ETF,Invesco S&P 500® High Beta ETF

Stocks Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500, NASDAQ Composite, iShares iBoxx $ High Yield Corporate Bond ETF, Invesco S&P 500® High Beta ETF. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com

But it's not just tech - a key indicator shows broad market strength, but with a potential warning sign on the horizon.Learn more here>>

Big tech remains the driving force behind this bullish trend, and that's no surprise. Historically, tech stocks have dominated bull markets, consistently outperforming other sectors, and are continuing to do so today.Further bolstering the bullish case, a key indicator shows that over two-thirds of stocks are currently trending above their 200-day average, a historically bullish signal. This level, currently at 66.9%, has often preceded positive returns in the past.

However, it's important to remember that future performance is never guaranteed. Stay informed and adjust your strategy as market conditions evolve.This article is written for informational purposes only; it does not constitute a solicitation, offer, advice, counseling or recommendation to invest as such it is not intended to incentivize the purchase of assets in any way.

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:

 /  🏆 450. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

June Kicks Off With Concerning Market Signals Brewing Under the SurfaceStocks Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Those Still Hoping for a Market Crash Shouldn't Hold Their BreathStocks Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500, CBOE Volatility Index. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Bitcoin: Why Are Cryptos Struggling to Keep Up With the Stock Market?Market Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500, BTC/USD. Read Investing.com (Calogero Selvaggio)'s Market Analysis on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Market at Frothy Highs? These Strategies Can Help You Create Wealth Starting NowMarket Overview Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500, 10-2 Year Treasury Yield Spread. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »