Connect with us

Hi, what are you looking for?

Stock

S&P 500 Above 5400: Economic Optimism or Irrational Exuberance?

In this edition of StockCharts TV‘s The Final Bar, Dave recaps the continued optimism for technology shares following this morning’s bullish CPI data and the Fed’s statements suggesting a Goldilocks scenario for risk assets. He also breaks down key technical signals and levels for AAPL, ORCL, SWKS, PGR, and C.

See Dave’s chart showing potential breakdown scenario for Progressive (PGR) here.

This video originally premiered on June 11, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

You May Also Like

Politics

Supreme Court Justice Samuel A. Alito Jr. has offered multiple accounts of how politically charged flags came to fly outside his homes in Virginia...

Tech News

Ancient Egyptians appear to have carried out surgery on people with cancerous cells, a study has found. Scientists already knew from their texts that...

Business

WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s quarterly meeting, multiple attendees told...

Business

­­­Lots of people will be getting their sea legs this summer. Ports have been packed with cruise ships over the last few years, as...