There's a saying on Wall Street that says that "the trend is your friend---until the end." Well, the trend in the S&P 500 has been extremely bullish over the past three weeks, and despite an absence of strong buying conviction Friday, the market found a way to respect the trend.
Housing starts surged 19.4% month-over-month in March to a seasonally adjusted annual rate of 1.739 million units, bolstered by a 15.3% increase in single-family starts. I regulary discuss this this trend on CB3LIVE! Please join us on Thursday nights: buff.ly/3sltHgc
U.S. stocks on Friday finished the week on a strong note, with the Dow and S&P 500 posting their second consecutive closing records and the Nasdaq Composite ending within a stone's throw of its record. Bullish investors point to a strong start to earnings season from U.S. Banks!
... to counter China’s growing threat to U.S. dominance in technology, military and economic matters. The Euro Commission aims to reduce the EU’s “high-risk dependencies” on key technologies from the U.S. and China, while also emphasizing the of bilateral cooperation. [continued]
Earlier this month the United States & the Euro Union warned of the need to protect themselves against competition from China in key technologies. The U.S. National Security Commission on Artificial Intelligence issued a report that listed dozens of recommendations [continued]...
The S&P 500 on Tuesday reached its 21st record close of 202--- WOW --having nudged up 0.3% to end the day at 4141.59. What's ahead? DON'T MISS tonight's CB3LIVE! as we discuss the latest COVID news, Biden politics, and where the market is headed in 2Q21. buff.ly/3gaoDIU
