According to Finviz, more than 75% of stocks are above SMA50 and close to 60% of stocks are above SMA 200. Furthermore, SPX has stayed above 3200 for a month.
Historically, DJI is usually the first index to recover after the market crash because investors want to put their money in safe mega cap and blue chip stocks
during the bottom-out process and time of...
The sentiment is supporting the bull and price about to leave the oversold condition in the leading indicator. Equity market doing well recently from yesterday after market optimistic by $2 trillion in virus relief largest economic stimulus package seeks to give families and businesses a financial shield against the new coronavirus pandemic.