Analyst: The S&P 500 index may reach a new high above 6100 points
BTIG analyst Jonathan Krinsky: U.S. stocks may continue to rise before the end of the year, pushing the S&P 500 index to new highs above 6100 points. However, looking forward to January, market volatility will reappear. If the S&P 500 index does indeed reach a new high, there will be a huge divergence in breadth and momentum, which is another danger signal as we enter January.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US Dollar Index rises to 99.495, major currency exchange rate fluctuations detailed
Canary Capital submits registration statement for MOG ETF
U.S. stocks closed higher, Dow Jones hit a new record, AMD rose 9%
The three major U.S. stock indexes closed mixed.