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Zee Business
ZeeBusiness
The US stock market sees S&P and Dow closing slightly up, extending their streaks despite a drag from Disney. 📈🇺🇸 #USStockMarket #SP500 #DowJones #Disney www.zeebiz.com/markets/global-markets/news-us-stock-market-sp-dow-end-slightly-up-extend-closing-streaks-despite-disney-drag-288699
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Ryan Detrick, CMT
RyanDetrick
Stocks are a bubble and all the gains are multiple expansion is something we've heard a lot. Last year, yes, it was all about multiple expansion. But zoom out. Since 2020, the S&P 500 is up 70%, with 50% coming from earnings and 9% from divs. That tells a much different story. pic.twitter.com/1LB98e8PPY
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Ryan Detrick, CMT
RyanDetrick
Reminder #861 that higher volatility isn't what you want to see if you are bullish. Yesterday was the first 3-day gain of more than 3% all yr for the S&P 500. For reference, 2022 saw this 26 times and stocks lost 20%. 2019 stocks were up 30% and it happened only 3 times.
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SentimenTrader
sentimentrader
After a brutal 2022, recovery in 2023, and a good start to 2024, optimism has returned among investors and has even spread more widely to general consumers in the U.S. Pretty much everyone is now aware of how strong stocks have been. Combining the three major surveys of investor… pic.twitter.com/Y17DGWnEau
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