AAII Retail Bears imploded. I could have told you that, based upon my own blog stats.https://t.co/zkBkk5kr0w
"All it took was a 3% pop for the S&P 500 to send bears scurrying back into the woods." pic.twitter.com/a1K2Coywgm— Mac10 (@SuburbanDrone) May 9, 2024
The ultimate “big bang” singularity will be $SPX hitting new ATH with this indicator still marking “fear”
Let’s see how long till MSM starts picking this up and realised under the surface this #bull market is a farce (and always has been since the era of infinite QE began) https://t.co/TWpmj4AGKv
— JustDario 🏊♂️ (@DarioCpx) May 10, 2024
Dow jumps more than 100 points to post 8th winning day and best week of 2024
The Dow Jones Industrial Average rose on Friday, wrapping an eighth consecutive winning session and registering its best week of 2024.
The 30-stock index added 125.08 points, or 0.32%, to close at 39,512.84. The S&P 500 climbed 0.16%, ending at 5,222.68, while the Nasdaq Composite inched lower by 0.03% to end at 16,340.87.
The major averages also wrapped the week on a high note. The Dow posted a 2.16% gain for the period, its best week since December and its fourth positive week in a row. The S&P 500 and the Nasdaq Composite both posted a third consecutive winning week, rising 1.85% and 1.14%, respectively.
https://www.cnbc.com/2024/05/09/stock-market-today-live-updates.html