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S&P 500 Remains Close to Record, Topping Pattern?
June 25, 2019, 7:33 AMStocks were mixed on Monday, as investors hesitated following last week's rally and Friday's record-breaking advance followed by an intraday decline. The S&P 500 index reached the new record high of 2,964.15 on Friday. Then it got closer to the 2,950 mark again. So was it a downward reversal or just another short-term correction?
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S&P 500 Pulling Back From New Record, Reversal?
June 24, 2019, 7:21 AMThe broad stock market extended its bull market on Friday, as the S&P 500 index reached the new record high of 2,964.15. But it reversed its intraday upward course and closed slightly below the Thursday's closing price. So was it a downward reversal or just another short-term correction?
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S&P 500: All Eyes on Fed Today
June 19, 2019, 7:36 AMStocks broke above their short-term consolidation on Tuesday, as investors' sentiment improved following economic data releases. The S&P 500 index got close to its late April - early May consolidation and May the 1st record high of 2,954.13. Will the uptrend continue following today's Fed's Rate Decision release?
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S&P 500 at 2,900, Will Uptrend Continue?
June 18, 2019, 7:31 AMMonday's trading session was slightly bullish, as stocks retraced their Friday's declines. However, the S&P 500 index extended the short-term consolidation. It reached the new local high a week ago on Tuesday and then it came back below the 2,900 mark. So was it a downward reversal or just correction before another leg up?
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S&P 500 Stuck at 2,900, Still No Clear Direction
June 17, 2019, 7:23 AMStocks continued to fluctuate on Friday, as investors awaited this week's Wednesday's Fed Rate Decision release. The S&P 500 index reached the new local high on Tuesday and then it came back below the 2,900 mark. So was it a downward reversal or just correction before another leg up?
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