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The S&P 500 finished the month of July on Friday, gaining 2.27% and closing at a fresh all-time high monthly close. The index has now increased six consecutive months, and all of them set a new all-time high monthly close. To say we've gone streaking is an understatement. The S&P 500 is on fire, but can it stay on fire? Have a read to find out!
The S&P 500 declined -1.91% this week with Friday's close at 4,166.45. The index traded up to a new all-time high at 4,257.16 during Tuesday's session, but it was all downhill from there. The question now is when and at what price will "they" step up and buy 'em. Have a read to find out!
The S&P 500 declined -0.43% this week with Friday's close at 4,155.86. The index has now declined two weeks in a row and has closed red seven of the last ten trading days. However, recent selling pressure is like being pinched, rather than being punched. Do the Bulls have a counter punch in store? Have a read to find out.
The S&P 500 was basically unchanged last week, rising 0.02%. The index's last three weekly closes are 4,185.47, 4,180.17 and 4,181.17, so we've been sprinting in place the last two weeks. We turn the page to May wondering if a two-week trading range is enough to refresh the S&P 500's advance, or if the index will face a bout of selling pressure in the month that goes by the moniker "sell in May and go away"?
The S&P 500 gained 1.14% this week with Thursday's close at 4,019.87. Thursday's close is a new all-time high daily and weekly close for the index. The primary trend is up, or "bullish", and both the technical and fundamental picture suggest higher prices lie ahead. Have a read!
The price action this week was totally wild. While we're pleased with the S&P 500's ability to finish the week in the black, we can't say this week was all that enjoyable. But, did the S&P 500 put in a lasting bottom on Friday? We think so. Have a read to find out why.
