Financial News
All-time highs are bullish
November 27, 2024 at 16:20 PM EST
Mid-week market update: It is said that there is nothing more bullish than a stock or a market making a new high. The S&P 500 made a marginal all-time high yesterday and pulled back today. Yesterday's high was more convincing as both the Dow and equal-weighted S&P 500 decisively broke out to all-time highs. This is an indication of strong breadth and bullish price momentum. 
The bull post can be found here.
The bull post can be found here.
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