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spartex

10/14/18 7:40 PM

#269629 RE: Pro-Life #269618


Only 11% of S&P 500 components are above their 50-day MA. This is the lowest since early '16. @RyanDetrick



True, but then by the end of 2016 SPY was up 17.5% from the low in Feb 2016. Either a turning point for reassertion of the Bull market, or ???

SPY only up 5% YTD with dividends reinvested. So maybe more room to grow if GDP in 3Q is strong, and outlook strong/positive too.