News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Stocks See Déjà Vu All Over Again - Further Records Likely

Stocks See Déjà Vu All Over Again - Further Records Likely

David Rodriguez, Head of Product
ssi_SPX500_body_Picture_20.png, Stocks See Déjà Vu All Over Again - Further Records Likely

SPX500It feels like déjà vu all over again as the S&P 500 rockets to fresh highs, and retail speculators continue to sell into SPX500 gains. We see little choice but to favor further gains.

Trade Implications SPX 500 Retail crowds are now their most short SPX500 since the S&P last set record highs, and indeed there seems to be scope for further stock market gains.

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX

Facebook at http://www.Facebook.com/DRodriguezFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES