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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.
The S&P 500 fell -2.45% this week with Friday's close at 3,811.15. The index has now declined two weeks in a row for the first time since October of last year. Where do things head from here? Have a read to find out!
The S&P 500 fell -0.71% this week with Friday's close at 3,906.71. The index opened the holiday-shortened trading week on a high note, climbing up to 3,950.43 on Tuesday, a new all-time high. However, it was all downhill from there, literally. Have a read to find out what's next!
