• 10 things you need to know before the opening bell

    2 monthes ago - By Business Insider

    Here is what you need to know.
    Stocks closed at record highs on Friday. The S&P 500 settled at 2,874.69, erasing any doubt about this being the longest-running bull market in US history.
    Powell says he sees interest rates rising gradually. "The economy is strong," Federal Reserve Chairman Jerome Powell said in his speech at the Kansas City Fed's Jackson Hole Symposium on Friday. "Inflation is near our 2 percent objective, and most people who want a job are finding one... If the strong growth in income and jobs continues, further gradual increases in the target range for the federal funds...
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    2 monthes ago - By Business Insider

    Here is what you need to know.
    Stocks closed at record highs on Friday. The S&P 500 settled at 2,874.69, erasing any doubt about this being the longest-running bull market in US history.
    Powell says he sees interest rates rising gradually. "The economy is strong," Fed Chairman Jerome Powell said in his speech at the Kansas City Fed's Jackson Hole Symposium on Friday. "Inflation is near our 2 percent objective, and most people who want a job are finding one... If the strong growth in income and jobs continues, further gradual increases in the target range for the federal funds rate will...
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  • Big Pullback Looming For The S&P 500?

    Big Pullback Looming For The S&P 500?

    2 monthes ago - By ETF Daily News

    From Chris Vermeulen : Our researchers at Technical Traders Ltd. have identified a potential in the markets that many people may have overlooked or are not prepared for.
    The recent strength in the markets has skewed many opinions toward the bullish perspective as the S&P, DOW, Transports and Nasdaq have all pushed towards new all-time highs.
    We are writing this research post to alert our followers that we believe the US Indices and major markets may be setting up for a moderately deep price pullback that could be in excess of 5% or more.
    Our proprietary price modeling systems and advanced...
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  • These Sectors Are Leading The Way In This Runaway Bull Market

    These Sectors Are Leading The Way In This Runaway Bull Market

    2 monthes ago - By ETF Daily News

    From Zacks : The equity bull market turned 3,453 days on Aug 22, marking the longest stretch in American history. It means that the S&P 500 has not seen a 20% or more decline during this period.
    The markets began scaling upward on Mar 9, 2009, the day the slide in U.S. stocks was checked after the worst market rout since the Great Depression.
    The collapse of Lehman Brothers in September 2008 wreaked havoc on Wall Street. And on March 9, 2009, the broader S&P 500 was below 700 for the first time in 13 years. But all this is history today as the S&P 500 is now trading at $2,856.98. The Fed's...
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  • S&P 500 Touches New Highs For First Time Since January

    2 monthes ago - By ETF Daily News

    From Jill Mislinski. The S&P 500 bounced around again last week, ending up 0.59% from last Friday and closed the day at its first record high since January.
    The index is up 0.86% from last Friday, 0.62% from yesterday, and up 6.6% YTD.
    The U.S. Treasury puts the closing yield on the 10-year note at 2.82%.
    Here is a daily chart of the S&P 500. Today's selling puts the volume 18% below its 50-day moving average.
    Here's a snapshot of the index going back to December 2008.
    A Perspective on Drawdowns
    Here's a snapshot of record highs and selloffs since the 2009 trough.
    Here's a table with the...
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