This quirky ETF could be sign tech rally is broadening beyond 'Magnificent 7', Oppenheimer says
The SPDR S&P Software & Services (XSW) is heading back toward its highs of the year.
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The SPDR S&P Software & Services (XSW) is heading back toward its highs of the year.
In Antigua, all of the contradictions of life in 2023 were on full display: lots of spending, and lots of worries about spending.
"All big rallies start with a golden cross, but not all golden crosses lead to a big rally," technical analyst Ari Wald of Oppenheimer has said.
"All big rallies start with a golden cross, but not all golden crosses lead to a big rally," technical analyst Ari Wald of Oppenheimer has said.
The index's 50-day moving average is close to crossing over its 200-day moving average, which can signal that momentum is weakening or sentiment is souring.