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Zee Business
ZeeBusiness
Wall Street ends higher for third straight session fueled by rate cut optimism. 📈 #StockMarket #WallStreet #RateCut www.zeebiz.com/markets/global-markets/news-us-stock-market-wall-street-closes-higher-for-third-session-on-rate-cut-optimism-288441
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Carl Quintanilla
carlquintanilla
CFRA: ".. with the S&P 500 closing back above its 50-day moving average, many wonder if the 22 calendar-day, 5.5% pullback from March 28 through April 19 has run its course. If so, history suggests a 6% gain above the prior high before slipping into another decline of 5% or…
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Ryan Detrick, CMT
RyanDetrick
Here are 3 reasons to expect this bull market to continue and the economy to surprise to the upside. 1️⃣S&P 500 forward 12-mo EPS started yr at $245, but is now up to $254. 2️⃣Profit margins continue to move higher, surprising all the calls for pressure here. 3️⃣ Record CAPEX pic.twitter.com/N1x4VtJGlP
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Ryan Detrick, CMT
RyanDetrick
Such a simple, yet powerful chart from @bespokeinvest here. The 200-day MA of the S&P 500 is at all-time highs and moving higher. Yes, we could peak tomorrow and crash like the Rich Dad Poor Dad guy keeps telling us, but this says that is a very low probability. The overall… pic.twitter.com/QH6GFiRghU
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