Once the S&P 500 snaps out of its range, it is likely to follow the roadmap drawn by the most powerful market indicators. It is the biggest component of the Nasdaq 100 (11.6%), the S&P 500 (3.6%) and the Dow Jones Industrial Average (4.6%). iSPYETFThis trend channel is one reason why we considered the short-term upside potential for Apple, the Nasdaq and S&P 500 to be limited. Interestingly, the S&P 500, just like Apple, is in limbo now. Apple is truly the big dog of the U.S. stock market.
as mentioned in
I think everyone who has even a passing familiarity with the stock market will enjoy it but the similarities really are striking. As an example, the catalyst for the Panic of 1907, which is the first of the modern stock market crashes, was the San Francisco earthquake of 1906. We know that the stock market really gets ahead of itself before every crash. It's just a function of the way the stock market works. There's an old Merle Haggard song, "I only fall when I'm on the mountain." I mean, we know that the stock market kind of tough for the stock market to crash when it's already in the trough.
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collected by :Jack Luxor
as mentioned in
I think everyone who has even a passing familiarity with the stock market will enjoy it but the similarities really are striking. As an example, the catalyst for the Panic of 1907, which is the first of the modern stock market crashes, was the San Francisco earthquake of 1906. We know that the stock market really gets ahead of itself before every crash. It's just a function of the way the stock market works. There's an old Merle Haggard song, "I only fall when I'm on the mountain." I mean, we know that the stock market kind of tough for the stock market to crash when it's already in the trough.
read more visit us Money
collected by :Jack Luxor
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