Market Pulse on November 25th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3133,64 +23,35.

The stock market is very resilient and, for the time being, doesn’t let any chance to buyers to step into this market, major indexes closed to new highs. Periods of consolidation doesn’t last long, prices don’t cede much ground, elements that confirm the strong bull market we are in. Internal momentum is still very strong : 2763 stocks advanced compared to 999 that settled down. Daily sentiment indicators closed fairly neutral. There’s still a scenario of a swift correction to the 3050 area and if it materializes would represent the last opportunity to buy.

 

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