Market Pulse on June 4th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2746.87 +12,25.

The stock market continued to advance with good breadth : 2185 stocks advanced compared to 1185 that settled down and finally the S&P 500 surpassed the 2740 level. For the time being, we haven’t observed any sign of excess speculation although options traders are more and more inclined to buy calls. Some chartists may see in the pattern traced by the Nasdaq Composite Index a kind of head & shoulder, this index is close to reach new highs.

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