The analysts who study charts for a living don't like this market
The S&P 500 is up more than 3% since Oct. 3, but many Wall Street technical analysts are skeptical the rally has legs.
Source: cnbc.com
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Goldilocks and the Three Tailwinds
Oct 11, 2023 – During the Great Depression, the deficit as a percentage of GDP reached a high of 6.1% in 1936. In 2009, we reached another record of 9.8%. However, over the last few years, all prior
Source: financialsense.com
U.S. Treasuries have likely reached a bottom. But stocks have not.
U.S. Treasurys have likely already reached a bottom, while stocks have more room to fall, according to Jonathan Krinsky, chief market technician at BTIG.
Source: marketwatch.com
U.S. Treasurys have likely reached a bottom. But stocks have not, technical analyst says
U.S. Treasurys have likely already reached a bottom, while stocks have more room to fall, according to Jonathan Krinsky, chief market technician at BTIG.…
Source: biztoc.com
'A defining moment:' Here's the S&P 500 level everyone on Wall Street is watching
Investors are watching closely to see how the market reacts to the broad index nearing a key level.
Source: cnbc.com