Stocks Snap Back, At Least For One More Day_老虎社区_美港股上老虎

Stocks Snap Back, At Least For One More Day

Investing2021-06-23

Stocks rallied Tuesday, with theS&P 500up by 50 bps, taking the index back to where it was before the Fed. Overall, nothing has really changed, it just seems like moves from last week were sudden and ...

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Xuanlx
·2021-06-23
Good
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Idz4u2c
·2021-06-23
I thought the Stock name Snap rebounded 😅
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siwei
·2021-06-23
Alright
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ZhiK
·2021-06-23
Cool
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jyjinn
·2021-06-23
cool
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EriViL
·2021-06-23
Like and comments
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Peglliot
·2021-06-23
Ok
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Horsepeter
·2021-06-23
Cool
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- jyjinn:
  nice
  2021-06-23
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Slee49
·2021-06-23
Like
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- lzh77:
  ok
  2021-06-23
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Overall, nothing has really changed, it just seems like moves from last week were sudden and violent, and for the most part, the market seems to be reverting to some degree.\nCan it continue to push higher? I suppose, as long as the reflation assets can rebound further. However, I’m not sure how much further they can rise because bonds and many spreads are still weak.\nS&P 500 Futures\nTheS&P 500 Futuresmay have completed a wave B yesterday, which means that we will likely see a reversion lower the rest of the week back towards Friday’s close.\nS&P 500 Futures Daily Chart\nGoldman Sachs\nGoldman Sachs Group (NYSE:GS) has not rebounded along with the broaderS&P 500index. The stock has done nothing and remains in a downward trend.\nMaybe the reflation trade for the banks is over; it sure seems that way. It certainly would make sense if that were the case. 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