Another Bearish Pattern On S&P 500, DAX

The end of Wednesday’s session brought a sweet bullish reversal for global indices, which confirmed the defense of crucial mid-term supports. That should have given us significant optimism on Thursday morning but today buyers seem rather skeptical and they aren’t following that bullish sign from yesterday, at least not yet. …

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Planning For A ‘March 2000’ Moment

As the mainstream business media like CNBC and Bloomberg keep pointing out, the similarities to today’s S&P 500 and the late 1990s are unmistakable: the incredible out-performance of Tech as the top S&P 500 weight, the vortex it has created just like the late 1990s, where everything else, such as …

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Dow Makes Late-Dash Higher as Wave of Tech Buying Continues

(C) Reuters. By Yasin Ebrahim Investing.com – The Dow rallied as late-buying swept through Wall Street Wednesday, led by tech as investors continue to shrug off rising Covid-19 cases. The S&P 500 gained 0.79%, while the Nasdaq Composite gained 1.44% to close at a record high, and the Dow Jones …

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