News about stocks

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…

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

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

US Stock Market Capitalization as % of GDP... 1984: 42% 1994: 63% 2004: 93% 2014: 114% 2024: 187% pic.twitter.com/PkFAa3WHD4