Tag: SampP
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S&P 500 To Decline To 3,500 Points By The End Of 2024
John Kevin Investment thesis: On the surface, it may look like the Federal Reserve may have managed the worst flareup in inflationary pressures in the past four decades rather well. Inflation is down, while the economy is yet to show clear signs of a hard landing. Based on this first glance, investors should be gearing…
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S&P 500 2024 Outlook: Clash Of The Titans (SP500)
welcomia My friends, family, and followers often ask me “what’s a good buy right now?” “What should I do with my money?” “What will the S&P 500 Index (SP500) be on the last trading day of 2024?” Okay, the latter isn’t actually asked very often, but it’s an interesting thought experiment. Although the year isn’t…
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Friday's S&P 500 and Nasdaq-100 rebalance to reflect concerns over concentration risk
It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large part of big indexes like the S&P 500 and the Nasdaq-100. Five companies (Apple, Microsoft, Amazon, Nvidia and Alphabet) make up about 25% of the S&P 500. Six companies (Apple, Microsoft, Amazon, Nvidia, Alphabet and Broadcom)…
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A Milestone: The S&P 500’s 4,600 Level On The Bull Plateau
U.Ozel.Images/iStock via Getty Images Introduction On Dec 8, the S&P 500 (SP500) clinched the 4,600 level for the first time since March 2022, closing at 4,604.37, after having the benchmark at the intraday basis in a couple of days. A rounding number such as 4,000, 4,500, or 5,000 is not important but the financial news…
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S&P 500: Bullish, Unless – Week Starting 4th December (Technical Analysis) (SP500)
cemagraphics Holiday season is underway and the S&P 500 (SPY) is approaching the 2023 high after the fourth best November performance ever. Meanwhile, the 10Y yield has broken back below the significant level of 4.32% (the 2022 high) and markets have discounted around 100bps of Fed cuts next year. Goldman Sachs pointed out “the month…