The Dow Is up 2,500 Points in 2 Weeks – But One Chart Could Spell Trouble
The Dow has surged an unbelievable 2,500 points in the past two weeks, but one stock market chart is making contrarian traders squirm.
Josiah Wilmoth June 5, 2020
The Dow has surged an unbelievable 2,500 points in the past two weeks, but one stock market chart is making contrarian traders squirm.
The Dow Jones suffered virtual paralysis on Friday after Beijing’s aggressive new Hong Kong policy unleashed a stark challenge to Trump.
A key measure of U.S. economic health is plumbing its worst lows since 2008. History suggests that’s excellent news for stock market bulls.
The surging S&P 500 just flashed a signal to the financial crisis, and it’s insanely bullish for the stock market.
© 2020 Copyright: Hawkfish AS. HQ: Drengsrudhagen 6, 1385, Asker, Norway. Regional Offices: 440 Moy Ave, N9A 2N4, Windsor, Canada. C – 502, Flushing Meadows, Ferns City Road, Doddanekundi, 560037, Bangalore, India. Hurt, 560037, USA.
Editorial Team
Chief Editor: Samburaj Das – samburaj@ccn.com
U.S. Editor: Aaron Weaver – aaron.weaver@ccn.com
Financial Editor: Sam Bourgi – sam.bourgi@ccn.com
Director and Founder: Jonas Borchgrevink -jonas.borchgrevink@ccn.com
HR and Recruiting: Pamela Meropiali – pamela.meropiali@ccn.com
Sales Manager: Pankaj Upadhyay – pankaj@ccn.com.
Phone number: +47 98 48 24 99.