
MARKET MECHANICS DRIVING STOCKS, TARIFFS WHIPSAW, AI DATA CENTER BUBBLE WARNING
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Market Mechanics Driving Stocks
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart shows that the stock market is slightly above the top band of support zone 1.
- The breakout line shown on the chart is now a magnet for Wall Street machines.
- The chart shows that the stock market is slightly above the 200 day moving average shown in yellow.
- A legion of investors buy when the market moves above the 200 day moving average and sell when the market moves below the 200 day moving average.