Archived IMT (2009.03.24)
From today's Financial Times: " There was no stopping US equity markets on Monday. The S&P 500 closed 7.1 per cent higher, marking a 20 per cent retracement from the 12-year low of 666 points reached this month. Ashraf Laidi, chief market strategist at CMC Markets, noted that the S&P had broken above its 50-day moving average for the first time since January 28.
He added: Well have to see gains of another 7-10 per cent to 840-865 before we can think about removing bear from market rally. " Equity market rallies of the current bear market as well as that of 2000-02 have extended between 20-25 per cent, with 27-29 per cent rallies deemed rare.
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
by Ashraf Laidi | Aug 18, 2022 14:54
Gold was the Easy Part
by Ashraf Laidi | Aug 4, 2022 19:29
Trading Narratives vs Stats
by Ashraf Laidi | Jul 28, 2022 14:28
ECB Wakes, Nasdaq Leads, Yields Doubt
by Ashraf Laidi | Jul 21, 2022 19:34
Nearing Total Yield Curve Inversion
by Ashraf Laidi | Jul 12, 2022 15:43