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Are the fluctuations in the US stock market intensifying before and after the election? Wall Street technical analyst: US stocks may have a short-term pullback of 7%.
①With the gradual approach of the USA presidential election, the market is paying more attention to the recent volatility risks of the US stock market; ②Recently, according to the technical analyst Mark Newton of Fundstrat, purely from a technical analysis perspective, there is a possibility of a 7% pullback in the US stock market by mid-November.
Bull market in US stocks expected to continue! Survey: s&p 500 expected to close at nearly 6000 points this year.
①According to the latest Markets Live Pulse survey, despite the upcoming US presidential election being a major uncertainty factor, the crazy rebound of US stocks this year is expected to continue until the final stage of 2024; ②According to the median estimate of 411 respondents, the s&p 500 index is expected to close at 5977 points this year, about 2% higher than the closing price of 5865 points last Friday.
S&P 500 Set to Grind Higher Toward 6,000 Milestone: Survey
10/21 [Strength and Weakness Materials]
[Bullish and bearish factors] Bullish factors: Nikkei Average is up (38,981.75, +70.56), Dow Jones Industrial Average is up (43,275.91, +36.86), Nasdaq Composite Index is up (18,489.55, +115.94), Chicago Nikkei Futures are up (39,170, +160 compared to Osaka), SOX index is up (5,208.62, +3.81), VIX index is down (18.03, -1.08), US long-term interest rates are down, Expectation of inflation easing in the USA, Active share buyback, according to the Tokyo Stock Exchange.
Saturday Marks 37th Anniversary of Black Monday
US stocks closed | S&P, Dow hit new closing highs, Netflix soared more than 11% after earnings; Chinese concept stocks rose across the board, li auto inc rose more than 6%
1. China concept stocks are up across the board, with the Nasdaq Golden Dragon Index in China rising by 3.03%; 2. The US federal government has started investigating Tesla's FSD; 3. The US Federal Aviation Administration said it will launch a new round of safety reviews on Boeing; 4. Netflix hits a new all-time high, with the company's third-quarter performance and fourth-quarter performance guidance both exceeding market expectations.