The market has staged quite a comeback from the December 2018 lows with all of the major US stock indices up over 10% year-to-date. The sharp, V-shaped recovery has been met with a lot of skepticism. Many technicians are warning that the 2800 level in the S&P 500 will act as resistance, while others point to improving […]
Technical Analysts Remain Bullish
While the headlines remain scary to some, those who view the markets through technical analysis continue to see many positive developments for stocks. Scott Redler, a partner with T3Live.com, believes that with the S&P 500 closing above it’s 200-day Moving Average, this has now opened the door for the index to reach the 2800 level. […]
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 […]