Has Stock Bulls' Strength Returned?

in #money4 years ago

Stocks have yet again approached the all-time highs, but on volume that wasn't this low in months – that's a red flag. The stimulus talks haven't really progressed, but there is no jittery sentiment as the put/call ratio stubbornly clinging to its lows show.

But let's look under the hood of the stock advance as that fittingly illustrates all the above.

S&P 500 IN THE SHORT-RUN
I’ll start with the daily S&P 500 chart perspective (charts courtesy of http://stockcharts.com):

(Image not shown due to low ratings)


(Image not shown due to low ratings)

(Image not shown due to low ratings)



Images were hidden due to low ratings.
Sort:  

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.fxstreet.com/analysis/has-the-stock-bulls-strength-returned-202008131355