Bulls came back strong yesterday! What ever happened to sell in May and Go Away? Apparently the bulls want to feast!
Bulls remain?
What do you think?
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Bulls came back strong yesterday! What ever happened to sell in May and Go Away? Apparently the bulls want to feast!
Bulls remain?
What do you think?
🟥 or 🟩
🟥 Following two consecutive days of record-breaking closes for the S&P 500 and Nasdaq, market participants may engage in profit-taking.
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While there is optimism regarding a potential U.S.-Iran peace deal to reopen the Strait of Hormuz, the agreement is not certain.
Investors are turning cautious as they wait for an official response from Tehran, leading to a pull-back from earlier intraday peaks.
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The S&P 500 reached new peaks, many of its constituent stocks remained well below their 52-week highs, a technical signal historically associated with market exhaustion.
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New data from April shows a sharp climb in job cuts, particularly in AI-driven sectors.
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BEARS WIN
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The Bulls 🟩 will own the markets today too
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Markets are being heavily driven by reports that Washington and Tehran are nearing an agreement to end their 10 week conflict.