The Week Ahead: Why Stocks Must Get Even Stronger

The impressive rally from the October 15-16 lows looks ready to push the S&P 500 and Dow Industrials up close to 2% for the month. The strength and relentless nature of the rally has surprised many, especially those who were looking for a new bear market. The negative technical divergences at the early September highs warned of a correction, which I thought would be a buying opportunity.

BING NEWS:
  • Iran-Israel war: How this impacts stocks, gold and what should investors do
    Further escalation in the conflict may lead to a hike in crude oil prices and in turn push inflation upwards. This reduces the chances of rate cut and in turn valuations of stocks ...
    04/14/2024 - 4:39 pm | View Link
  • Asia stocks slide, gold rises as Middle East conflict sparks safety rush; STI down 1%
    Iran’s retaliatory attack on Israel stoked fears of a wider regional conflict and kept traders on edge. Read more at straitstimes.com.
    04/14/2024 - 4:20 pm | View Link
  • Hong Kong stocks slump to 3-week lows on Middle East tensions, mood cautious ahead of China data dump
    Hong Kong stocks declined to three week-lows as rising geopolitical tensions dealt a further setback to investor sentiment, already jittery ahead of a batch of economic data due to be released during ...
    04/14/2024 - 3:37 pm | View Link
  • Stocks to Watch today: TCS, GIC, HAL, LIC, Anand Rathi, Aster DM, IT shares
    IT shares, led by TCS, are expected to be in focus after the Tata group IT major reported better-than-expected Q4 numbers.
    04/14/2024 - 3:05 pm | View Link
  • Asia stocks slide, gold rises as Middle East conflict sparks safety rush
    By Rae Wee SINGAPORE (Reuters) -Asian shares slumped and gold prices rose on Monday as risk sentiment took a hit after Iran's retaliatory attack on Israel stoked fears of a wider regional conflict and ...
    04/14/2024 - 3:01 pm | View Link
  • More

 

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