S&P 500 Uptrend Survives - Peak Earnings Season on Tap
Unlike the Nasdaq 100, the S&P 500 has managed to keep it's near-term uptrend intact, painting a potentially bullish picture for the broad index.
The next two weeks sees over 60% of the index's earnings get reported, offering major potential for volatility in individual names, especially among the "Magnificent 7" stocks that are so heavily weighted in the index.
As long as previous-resistance-turned-support at 5490 holds, the path of least resistance will remain to the topside.
-MW
The next two weeks sees over 60% of the index's earnings get reported, offering major potential for volatility in individual names, especially among the "Magnificent 7" stocks that are so heavily weighted in the index.
As long as previous-resistance-turned-support at 5490 holds, the path of least resistance will remain to the topside.
-MW
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.