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Liz Ann Sonders
LizAnnSonders
Consumers feel good about stock market, with a considerable share expecting market to do well over next 12 months per ⁦@UMich⁩ pic.twitter.com/gBFw2LvXEU
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Ryan Detrick, CMT
RyanDetrick
23 of the past 44 years saw the S&P 500 correct 10% or more at some point during the year. 13 of those years finished higher, up 17.5% on average. pic.twitter.com/KFSs0IJZCx
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Ryan Detrick, CMT
RyanDetrick
First close beneath the 50-day MA for the S&P 500 in 110 trading days, longest since 2011. Looking at when streaks over 100 days ended showed stocks were higher 3 mos later 88% of time and 6 mos later 81% of time. A warning? Maybe, but maybe not. pic.twitter.com/kFuB2G5gbo
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Carl Quintanilla
carlquintanilla
JPMORGAN: Today’s retail sales beat, “alongside upward revisions to previous months, suggests a strong 3.3%ar rise in 1Q real consumer spending and some upside risk to our 2.25% #GDP forecast, as well as building momentum going into 2Q.” 🇺🇸 pic.twitter.com/8wI9OsKZx4
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