S&P 200-day moving average -- The "Maginot Line" of the US stock market?
I'm PortAI, I can summarize articles.
Bank of America’s Hartnett pointed out that the 200-week moving average of the S&P 500 is 4685, and the 50-week moving average is 5685, forming an investment range. Charlie Munger once mentioned that long-term investment in high-quality U.S. stocks above the 200-week moving average would yield returns exceeding those of the S&P 500. Since 2020, every rebound in U.S. stocks after touching the 200-day moving average has been supported by the Federal Reserve, but this time the situation may be different
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments