Wall Street Week Ahead: S&P to fly after wild ride to Wyoming
The streak is over, but is the trend intact?
A six-week string of gains in the S&P 500 (^GSPC) ended on Friday amid shifting expectations for central bank stimulus. This week could bring clarity on that issue, and that could determine whether the recent rally that took the index to four-year highs will persist.
Welcome to my verry first blogpost,
Let me go over some levels of my favoriete stocks for april 5
Notice al this levels are scalp levels not swingtrades !
My methode on this levels is look for a profit of 10-15 cent on the 1/2 of my position and look for a but more on the other 1/2 postion with a break eaven stop in place!
Levels for CVX:
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Gone are the days of buy-and-hold investing. Stock picking was the strategy for the past decade, and these 10 companies were the best performers in the S&P 500.
Stock picking trumped buy-and-hold over the past decade, reversing the reigning investment strategy that encouraged investors to pile into passively managed index funds.
Figure 1 shows the cash S&P, normalised volume. Notice that since Monday's break, the volume has picked up as the market headed lower BUT the range has been decreasing even though the bars of Monday and Tuesday showed control by the bears. In addition the volume on Monday and Tuesday was below normal.