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Top S&P 500 Stocks to Watch as Golden Cross Signals More Upside
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5 Articles
S&P 500 Stocks: Golden Cross & Upside Potential – Archyde
Archyde “`html S&P 500 Stocks Set to Surge: Golden Cross Emerges in July Table of Contents 1. S&P 500 Stocks Set to Surge: Golden Cross Emerges in July 2. Market Optimism… You can read the full story here: S&P 500 Stocks: Golden Cross & Upside Potential.
The S&P 500 Index formed a golden cross this week, signaling further gains, a sign that the market continues to recover from President Trump's "Emancipation Day" (April 2) lows.
While the S&P 500 was trading at record levels, last Tuesday, the index's 50-day moving average crossed above its 200-day moving average - creating a crossover known as a "golden cross." Historical analysis conducted by MarketWatch has shown that in most cases, in the year following a "golden cross," returns are greater than in other periods.
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