Latest News

‘There’s always a bull market somewhere’: Jim Cramer’s famous words suggest you can make money no matter what. Here are 2 powerful tailwinds to take advantage of today

0

MarketWatch

Don’t trust the stock-market bounce until S&P 500 is back above 3,800: analysts

U.S. stocks remain in bounce mode after the S&P 500 index tumbled last week to its lowest finish since December 2020, but many chart watchers remain unconvinced the uptick will prove to be anything more than another bear-market rebound. The 3,800 level on the index, which has so far proven to be stiff resistance, is in focus. “Since the beginning of last week, 3,800 has become a new ceiling for the S&P 500 as sellers have repeatedly stepped in and overwhelmed the tentative, weakhanded bids,” said Tom Essaye, founder of Sevens Report Research, in a Thursday note.

Dow Jones Up As Powell Gives This Recession Warning; Bitcoin Crumbles Again; 3 Stocks Eye Buy Points

Previous article

Dow Jones Gains; Tesla Falls After Elon Musk Reveals These Fears; This Stock Up As Warren Buffett Raises Stake

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News