Canadian stocks are experiencing a broad-based rally this year, which is the exact opposite of the US stock market, where only a handful of tech companies are leading the gains. The$S&P/TSX Composite Index(.SPTSX.CA)$has risen 7.57% this year, while an equal-weighted S&P/TSX Composite index that strips out market cap bias has jumped 11%, outperforming the equal-weight S&P 500 Index in the US. Source: S&P Global “In Canada, you...
Salesforce forms a Death Cross for the first time since January 2022.$Salesforce(CRM.US)$ The last one sent shares plunging by more than 40% over the next 11 months!
MomentumPython1337 :
you look at early 2024 when the line almost crossed if you used a slightly different MA if it's not 50 or 200 but maybe you used 30 and 150 for whatever reason they might have crossed and you might have sold but look at the stock it continued rising so these MA crossovers you can't just blindly use them and we're still in a bull market so I wouldn't rush into a conclusion that CRM is going to tank 40% especially when it's already tanked in the last several months and oversold by all the panic sellers
Aaron Invests (AI) : I just trade.
Seraphicall : Just be careful.