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Market Breadth Rebounds As Risk Appetite Makes A Comeback: This Analyst Predicts Gains Ahead After S&P 500's Record Negative Streak
Monday, December 23, 2024 - 7:01am | 942The number of stocks advancing surpassed those declining among the S&P 500 index constituents on Friday after a 14-session streak of negative market breadth. Now, Ryan Detrick, chief market strategist at Carson Global, has predicted gains ahead, citing historical market data. What Happened:...
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US Stocks To Open Lower As Traders Brace For 'Triple Witching' Hour: Analyst Says End Of The Year Recovery 'Would Not Surprise Anyone'
Friday, December 20, 2024 - 6:37am | 1473U.S. stock futures declined on Friday, ahead of the “Triple Witching” hour, which is expected to see the expiry of about $6.6 trillion options, for the quarter. This comes after the market fell on Wednesday after the Federal Reserve’s hawkish cut and ended mixed on Thursday. In...
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Wall Street Poised To Open Lower A Day After Nasdaq's Record Close Above 20,000: Expert Flags 'Deterioration Under The Surface' As 117 S&P 500 Stocks Hit New Monthly Lows
Thursday, December 12, 2024 - 7:45am | 1623U.S. stock futures declined on Thursday in premarket hours after hitting fresh highs on Wednesday. The futures of all the four major indices were trading lower. November inflation data was in line with analyst expectations, shooting up the probability of a further 25 basis point rate cut in...
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Is The 26-Month Bull Market Over? Here Is What Carson Research's 50-Year Old Study Tells Us
Wednesday, December 11, 2024 - 3:41am | 713As the S&P 500 Index is nearing the end of another consecutive year with over 20% gain, many analysts are worried about the “frothy valuations” citing several indicators. However, Carson Research, in its latest blog post says that “we are in a bull market and it is alive and...