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Ryan Detrick, CMT
RyanDetrick
They tell us that earnings estimates tend to drop, but that hasn't happened in '24 so far. S&P 500 earnings still expected to be up an impressive 10.8% in '24. We continue to think that is a tad light, as a stronger economy in H2 should see even better numbers. pic.twitter.com/9UPkzGRjZC
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Ryan Detrick, CMT
RyanDetrick
The S&P 500 is up 7.5% YTD. Just know the odds of it staying around here is pretty slim. Only four times going back 70 plus years did it gain between 8-10%. The odds favor much higher or lower from here. What do you think it'll be? pic.twitter.com/Gi5mz1gOlT
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SentimenTrader
sentimentrader
A component in the TCTM Washout Model triggered a new alert after the S&P 500 closed below its lower Bollinger Band for five consecutive sessions and subsequently reversed higher. pic.twitter.com/OMdi3c8AEa
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ET NOW
ETNOWlive
US Markets At Open | S&P 500 opens 1.2% higher, Nasdaq 100 up 1.8%; these are the other highlights👇 @Nasdaq #Apple #Cloudflare #Amgen pic.twitter.com/68FEbyFBKI
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