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Positive market breadth ALERT
77% of S&P 500 stocks are now trading above their 200-day moving average, one of the highest levels in the last 2 years Source: Barchart
Copper jumps to highest price since April 2022 👀
Source: Barchart
Simply the best...
Emirates Group posted record profits of Dh18.7 billion ($4.7B) for its financial year that ended March 31, boosted by unprecedented travel demand and strong capacity operations across its network. The Dubai aviation giant’s revenues for the period also broke records at Dh137.3 billion. Source: Gulf News
Salesforce showing strenght for the first time since February
Salesforce (CRM US) has consolidated 16% since February highs ! Today it's trading above last swing high. Keep an eye if it closes above 279.70. Source : Bloomberg
Most-closely watched China stock index just formed the first golden cross in over a year...
Source: David Ingles, Bloomberg
The US Bond Market has now been in a drawdown for 45 months, by far the longest bond bear market in history.
Source: Charlie Bilello
Gamestop $GME is up 110% because Roaring Kitty posted a meme after 3 years of silence. So is this garbage???
Source: Geiger Capital
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