While the FOMO effect kicks in for equities, the US indexes are making new fresh highs in the midst of renewed trading war uncertainty. Lower rates are indeed boosting stocks, but we are coming closer to a point where things may turn South at least for the near-term.
SPX has more room to go up, but I would expect the movement to be limited at the marked point.
SPX has more room to go up, but I would expect the movement to be limited at the marked point.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.