Here’s What Happened to the Stock Market on Wednesday
The Dow gained 177.10 points, or 0.68%, to close at 26,067.28. The S&P 500 climbed 0.78% to 3,169.9. The Nasdaq Composite notched another record close, rising 1.44% to 10,492.50. Gains…
Day: July 9, 2020
ICARUS EXCLUSIVE. GBP/JPY sets up Long Trade. 7th July, 2020
British Pound has shown relative strength against several of its peers, including the all important EUR/GBP (for which the Icarus Signals Reversals EA generated a short trade on the 30th…
The Market Isn’t Pricing in an All-Clear on the Economy
Many analysts have spent the past few weeks advising investors to buy the dips and pointing to unprecedented levels of fiscal and monetary stimulus, among other things, as reasons to…
Stocks Sit at Historically Expensive Levels But Not in the Way that Matters Most
JPMorgan said Wednesday. Price-earnings ratios remain elevated, but prices relative to bonds are the signals to watch for future market moves, Marko Kolanovic, head of macro quantitative and derivatives research…