collected by :Jack Luxor
"A near-term breakout above 2400 would measure 2480, by our analysis, and we see 2380 as near-term support," Wald wrote in a Sunday note to clients. "The key conflict is between late-cycle valuations versus early-to-mid-cycle market behavior," Wald wrote to CNBC on Monday. More significant, however, is that the "bull market [is] intact," Wald said Monday on CNBC's "Power Lunch." A big move for the market it coming, and it will take stocks much higher. This is significant since 2,400, which is about where the S&P topped out in March, has served as "resistance" for the market, according to Wald.
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Second baseman Jose Peraza can move to short, enabling the Reds to promote second baseman Dilson Herrera from Triple-A. Second baseman Brandon Drury, shortstop Chris Owings and third baseman Jake Lamb all rate as negatives in defensive runs saved. "The July market tends to be more emotional than the offseason market," the exec said. "So, it seems unlikely that an out-of-contention team would be the most motivated to swing a trade like that. Right fielder Yasiel Puig remains his usual intriguing self – excellent defensively, inconsistent offensively.
Here's his kicker: "Just don't let the extremely quiet market conditions trap you into taking huge risks." You = investors. And the risk is plain for investors: "Super-easy monetary policy is creating artificially low volatility and driving money into trades and investments that are mispriced as a result," says Juckes. On Monday, the S&P and Nasdaq nailed record closes as the VIX VIX, +1.94% , affectionately known as the "fear index", fell to the lowest level since December 1993. As stocks cruise along, batting aside real or imagined worries, investors are scanning the horizon, looking for the next signal for this market. The chartThis chart from JonesTrading's chief market strategist Michael O'Rourke shows just how the "Fab Five" of technology — Alphabet GOOGL, -0.21% Amazon AMZN, +0.40% , Apple AAPL, +0.64% , Microsoft MSFT, +0.15% and Facebook FB, -0.38% — are lording it over the market right now.
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"A near-term breakout above 2400 would measure 2480, by our analysis, and we see 2380 as near-term support," Wald wrote in a Sunday note to clients. "The key conflict is between late-cycle valuations versus early-to-mid-cycle market behavior," Wald wrote to CNBC on Monday. More significant, however, is that the "bull market [is] intact," Wald said Monday on CNBC's "Power Lunch." A big move for the market it coming, and it will take stocks much higher. This is significant since 2,400, which is about where the S&P topped out in March, has served as "resistance" for the market, according to Wald.
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Why this summer's trade market could be even more intriguing than usual
Second baseman Jose Peraza can move to short, enabling the Reds to promote second baseman Dilson Herrera from Triple-A. Second baseman Brandon Drury, shortstop Chris Owings and third baseman Jake Lamb all rate as negatives in defensive runs saved. "The July market tends to be more emotional than the offseason market," the exec said. "So, it seems unlikely that an out-of-contention team would be the most motivated to swing a trade like that. Right fielder Yasiel Puig remains his usual intriguing self – excellent defensively, inconsistent offensively.
Here's his kicker: "Just don't let the extremely quiet market conditions trap you into taking huge risks." You = investors. And the risk is plain for investors: "Super-easy monetary policy is creating artificially low volatility and driving money into trades and investments that are mispriced as a result," says Juckes. On Monday, the S&P and Nasdaq nailed record closes as the VIX VIX, +1.94% , affectionately known as the "fear index", fell to the lowest level since December 1993. As stocks cruise along, batting aside real or imagined worries, investors are scanning the horizon, looking for the next signal for this market. The chartThis chart from JonesTrading's chief market strategist Michael O'Rourke shows just how the "Fab Five" of technology — Alphabet GOOGL, -0.21% Amazon AMZN, +0.40% , Apple AAPL, +0.64% , Microsoft MSFT, +0.15% and Facebook FB, -0.38% — are lording it over the market right now.
read more visit us Markets
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