Why Stock Market Bulls Cheer With S&P 500 Closing Above 4231

Why Stock Market Bulls Cheer With S&P 500 Closing Above 4231

The S&P 500 finished Friday above the chart level that provided a dose of encouragement to stock market bulls arguing that the bottom of the US bear market is inside, although technical analysts cautioned that it may not be a signal of intervention in stocks. S&P 500 SPX Index, + 1.73% On Friday, it rose … Read more

Why does the analyst say sell these four big software stocks

Salesforce Inc. shares. Lots of love on Wall Street, where 43 of the 49 analysts covered by FactSet rated the stock as buying. But Guggenheim analyst John D’Avuci has largely bucked the trend, starting to cover the software giant on sale. The start was one of four bearish calls he made on big software stocks, … Read more

Why Bulls Looking for a Stock Market Bottom Obsessed with 4231 in the S&P 500

The S&P 500 was on track on Friday to finish above a technical level that could provide a huge dose of encouragement to stock market bulls arguing that a bear market bottom is inside, although chart watchers cautioned that it might not be a signal to go all in. stock. Until Thursday close, the S&P … Read more

Analysts say it’s Tom Jones high but may be overbought

The latest action in stocks may be of concern to buyers. Thursday’s initial rally for the S&P 500 faded to a three-month high as the session dragged on. The ‘high inflation peak’ faded. Early Friday futures are firmer again, but there are inevitable some observers who remain wary of the recent bounce. “It is clear … Read more

Are Nasdaq shares in a bull market? Fake head history says you’re slow

Before handing out cigars to celebrate the birth of a small bull market for the Nasdaq Composite, investors may want to take a look at history. Sure, the heavy tech scale ended on Wednesday Up 20.8% from its 2022 closing low of 10,646.10 It was set on June 16. A rise of 20% from a … Read more

Are Nasdaq shares in a bull market? Fake head history says you’re slow

Before handing out cigars to celebrate the birth of a small bull market for the Nasdaq Composite, investors may want to take a look at history. Sure, the heavy tech scale ended on Wednesday Up 20.8% from its 2022 closing low of 10,646.10 It was set on June 16. A rise of 20% from a … Read more

Disney earnings indicate the ‘streaming wars’ are officially over

The Walt Disney Company is planning to raise prices on its various streaming offerings as it prepares to launch an ad-supported category on December 8, the latest sign that the live streaming market isn’t what it used to be. While media companies once rushed to launch new services and attract new subscribers with flashy offerings, … Read more

Oil prices are dropping, but energy company earnings estimates keep rising – these stocks are cheap

Oil prices have retreated from their peak earlier this year. But energy company earnings estimates continued to rise as demand increased and capital spending declined. Below is a screen of big-cap oil stocks as a starting point for investors. Take a look at the 10-year chart of front month continuous quotes for West Texas Intermediate … Read more

Here are some stock moves to consider now that inflation has eased, says Jeffries

After the surprise drop in inflation on Wednesday, stocks rose and Nasdaq made Outside a bear marketSome may wonder if fusion is just around the corner. Stocks are rising as investors are also waking up to more good news about lower US gasoline prices (see below) and producer price inflation. But should investors really count … Read more

Nasdaq prepares to end bear market, Dow to exit correction after July CPI data

The Nasdaq Composite Index on Wednesday exited a brutal bear market, while the Dow Jones Industrial Average ended a correction in the market, as stocks rose in the wake of the cooler July inflation reading. Nasdaq Composite, + 2.89% It rose 360.88 points, or 2.9%, to close at 12854.80 on Wednesday. According to Dow Jones … Read more