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Showing Tag: " s&p 500" (Show all posts)

Keep buying S&P 500 as US exceptionalism goes 'from strength to strength' - SocGen

Posted by Investing on Saturday, March 23, 2024, In : Technical Analysis 
Keep buying S&P 500 as US exceptionalism goes 'from strength to strength' - SocGen© Reuters

Analysts at SocGen told investors in a note Thursday to keep buying the S&P 500 as “US exceptionalism is going from strength to strength.”

The bank’s comments follow the Federal Reserve meeting on Wednesday, which saw the US central bank hold steady on interest rates and stick with its forecast for three interest rate cuts this year

Fed Chair Jerome Powell still projected some caution over sticky i...


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🤖 Big Tech earnings wrap

Posted by Shermwood on Sunday, February 4, 2024, In : Technical Analysis 

High rises feelin’ low (VCG/Getty Images)

 
Yesterday’s Market Moves
 
Dow Jones
38,520 (+0.97%)		S&P 500
4,906 (+1.25%)		Nasdaq
15,362 (+1.30%)		Bitcoin
$42,918 (+0.87%)

Hey Snackers,

Pennsylvania’s Punxsutawney Phil gets all the attention, but groundhogs have been predicting the weather in dozens of states. So happy Groundhog Day — and best wishes for an early spring to the millions who recently faced subzero temps.

Stocks picked up steam again yesterday ahead of megacap tech earnings. After the...


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Whenever the Dow and the S&P 500 fall below this key support level, stocks typically come roaring back

Posted by Mark Hulbert on Sunday, January 30, 2022, In : 848FINACE 
Whenever the Dow and the S&P 500 fall below this key support level, stocks typically come roaring back

Breaking the 200-day moving average is not the kiss of death for U.S. stocks, which might explain why the Dow Jones Industrial Average on Jan. 24 recovered from a 1,000-point plunge and finished up for the day. It was just late last week when both the Dow and S&P 500 breached their respective 200-day moving averages — considered by many stock-market technicians to indicate that the market’s major trend has turned down.

The historical record does not support this bearish interpretation. The...


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Microsoft invents a new thing: "Phonebook"

Posted by Snackers on Wednesday, October 9, 2019, In : 848FINACE 

Happy Mean Girls Day. Markets aren't celebrating.

Hey Snackers,

Fetch isn't happening. Mean Girls Day is.

Markets pulled a Regina George as the Dow aggressively dipped 800 points in last two days. Blame it on more mounting evidence of a global economic slowdown.

Invent

Microsoft failed smartphones. So it invented a new Smartphone-ish foldable device.

It's product unveil season... We expected Microsoft to show us new Surface tablets for your aunt's holiday wish list. We didn't expect a smart device ...


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