Weekly S&P500 ChartStorm - 17 November 2024
This week: technicals check, a focus on sentiment (retail vs fund managers, market measures, analysts, consumers, investors big and small), sales growth, and the age of the biggest...
Welcome to the latest Weekly S&P500 #ChartStorm!
Learnings and conclusions from this week’s charts:
S&P500 is taking a breather after briefly hitting 6000.
Numerous investor surveys have hit record (bullish)highs.
Market measures of sentiment show extreme confidence/complacency.
A clear vibe-shift is underway in economic confidence.
High growth once is easy, …
