Could Stocks Break 4,200 Soon? By StockNews

Could Stocks Break 4,200 Soon?

Stock Markets Apr 28, 2021 08:30PM ET

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The S&P 500 (SPY) are flirting with 4,200 once again. Gladly it is no longer just large caps and usual tech suspects leading the way. Indeed the rally is broadening out to smaller stocks and growthier stocks. Read on below to find out why….(Please enjoy this updated version of my weekly commentary from the Reitmeister Total Return newsletter).

There were some very short lived flare ups last week with very little staying power. The first one I previewed above. That being the shift to defensive investing last week as worldwide Coronavirus cases spiked to a new high. And yes, there were modest signs of an increase in the States.

This had some investors moving towards a Risk Off investing approach with the most conservative names doing well. And the most aggressive names doing the worst. (And many of the names that benefit from the Coronavirus fading away also took it on the chin like restaurants, airlines, cruise lines et).

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Australia stocks higher at close of trade; S&P/ASX 200 up 0.13% By Investing.com - Aug 09, 2022

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Telecoms Services, IT and Consumer Discretionary sectors led shares higher. At the close...

European shares edge lower after strong start to week By Reuters - Aug 09, 2022

(Reuters) - European shares edged lower at the open on Tuesday as value stocks struggled to extend a bounce from the start of the week, with investors cautiously waiting for key...

European Stocks Edge Lower; Caution Ahead of Crucial U.S. CPI Release By Investing.com - Aug 09, 2022

By Peter Nurse Investing.com - European stock markets edged lower Tuesday in cautious trading ahead of the release of key U.S. inflation data as well as rising geopolitical...

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