Stocks rocketed higher in the first two months of the year. If history is any indication, equities are primed for further gains moving forward.
The S&P 500 plummeted in December, leading the index to its biggest annual decline since the financial crisis. Fears that economic growth would slow down, along with worries over Federal Reserve monetary policy and U.S.-China trade negotiations, propelled the broad index lower. "Technically and fundamentally and seasonally, things are pretty strong," said Jeffrey Hirsch, editor in chief of the"Stock Trader's Almanac.""Geopolitically, there are still some risks, but the Fed is on pause and that's a positive."
Two stories tweeted at the exact same time. Markets look good. & Markets look bad. The general public never knows the truth. America has legalized bribery, fraud and insider trading and the 1% don't play by the same rules.
You guys are so two-faced it's no longer funny
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: Reuters - 🏆 2. / 97 Read more »