Year-to-date S&P 500 has not experienced a pullback deeper than 5% let alone any meaningful correction. The investors seemed to have been conditioned to buy a quick dip and so far have been rewarded for that. Every time the $SPX tested the 50-day Moving Average (orange line) it bounced right back up posting new ATH within few trading sessions. So far YTD we've...
The US stock market continues slow grind higher with all indices kicking off June on the positive note and SPX closing within few points of all time high. The best performing sectors over last 30-days have been the Energy posting 6%+ gains with Real Estate coming in second right at 3%. Tech is getting "perky" though finally showing some strength. The recovery...
