The S&P 500 has staged an impressive 16% rally off the December 2018 lows. The index is currently testing a flat 200-day moving average. This is one of the most widely watched technical indicators so naturally, there has been a lot of chatter about it lately. Some fear that it will act as resistance and […]
Todd Sohn on Emerging Market & Software Stocks Risk-On Behavior
Todd Sohn, Director of Technical Analysis at Strategas Securities, was on BNN Bloomberg today discussing various positive risk-on factors in the market. This was a great discussion between Todd and Catherine that covered many ideas for investors including Chinese Internet Stocks to the Enterprise Software Sector. To begin, Todd brings up both an important and […]
Stephen Suttmeier’s Short & Long-Term S&P 500 Outlook
Stephen Suttmeier, Chief Equity Technical Strategist at Bank of America Merrill Lynch, was on CNBC ‘Futures Now’ with Seema Mody Friday after market close discussing his thoughts on the long-term trend and short-term support and resistance levels in the S&P 500. Stephen begins by stating that the S&P 500 is in an overall secular bull […]
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