2024-02-06 11:55:00 ET
Summary
- The S&P 500 Index has been on an uptrend since late October and has generated a positive return in 13 out of 14 weeks with a price return of 20.43%.
- Individuals bullish versus bearish about stock prices in the next 12 months have trended higher since July 2022.
- With the S&P 500 Index in an uptrend for most of the past 14 weeks, a pullback would not be unexpected.
The S&P 500 Index has been on an uptrend since late October. Over the past 14 weeks, the S&P 500 has generated a positive return in 13 of the weeks, with a price return of 20.43%....
Read the full article on Seeking Alpha
For further details see:
Improving Individual Investor Sentiment May Be A Near-Term Risk For Equities