Market Pulse on August 3rd

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2840,35 +13,13.

The stock market closed the week on a strong note (2061 stocks up, 1356 down) and above our corrective target ; this confirms our mid term view that this market is internally very strong (the cumulative advance/decline is ready to break out on the upside) and that any kind of correction should be used to buy on dips. The market is helped on a fundamental basis by a strong earning season and we recommend to our readers to read the link of the Wall Street Journal.

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