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S&P 500 Fell Below 3,000 - Reversal or Just Correction?
July 18, 2019, 7:25 AMStocks retraced some of their recent advance on Wednesday, as investors took short-term profits off the table. The S&P 500 index fell below the 3,000 level and closed 1.1% below the Monday's new record high of 3,017.80. So is this a downward reversal or just a correction before another leg up?
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S&P 500 Back Off New Record, but Still Above 3,000
July 17, 2019, 7:29 AMTuesday's trading session was slightly bearish, as stocks retraced some of their recent advance. The S&P 500 index fell closer to the 3,000 mark following reaching the new record high of 3,017.80 on Monday. So is this a downward reversal or just a correction before another leg up?
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Stocks Close to Record, Topping Pattern or Just Pause?
July 16, 2019, 7:19 AMStocks slightly extended their over month-long advance on Monday, as investors' sentiment remained bullish ahead of the coming quarterly corporate earnings releases. Will the uptrend continue despite some short-term technical overbought conditions?
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Stocks at New Record Highs Again
July 15, 2019, 7:46 AMFriday's trading session was bullish, as stocks reached new record highs. The S&P 500 index broke above the 3,000 mark again. Will the uptrend continue despite some short-term technical overbought conditions?
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Investors Remain Bullish, but Will Stock Prices Go Higher?
July 12, 2019, 7:14 AMStocks were mixed on Thursday, as investors hesitated following the recent advances. The S&P 500 index remained close to its new record high. Will the uptrend continue? Or is this some topping pattern ahead of a downward reversal?
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