STOCK MARKET BULLS OR BEARS — WHO IS RIGHT? $AMZN $NFLX $FB $AMD $TSLA $NVDA $BABA $MSFT $CAG $PF $NEPT $CGC $SPY $QQQ $IWM
After nine years of this raging bull market in stocks, this is the most important question for investors now: Bulls or bears — who is right? Let’s start with a chart.
Please click here for the annotated chart of S&P 500 ETF SPY. Similar conclusions can be drawn from a chart of the Dow Jones Industrial Average DJIA. The other two popular ETFs — Nasdaq 100 ETF QQQ, and small-cap ETF IWM, — look different. Since the most money is tied to the S&P 500 Index SPX, this is the index to look at if one could look at only one chart.… Please click here or the title below to read more.
June 28, 2018