Market Pulse on March 9th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2786,57 +47,6.

The stock market continues to trace wild daily swings with the Nasdaq Composite Index reaching new highs whereas the Dow Industrials and the S&P 500 are still trading in the middle of a large trading range. Options traders are again bullish and buying calls to play the upside of the market, whereas individual investors have adopted a neutral stance. The cumulative advance/decline line is fairly strong, meaning that internal strength has regained momentum. Overall, there has been some improvement internally over the last few days but up and down swift moves and volatility may continue before the market really takes off.

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