Chart-of-the-Day: S&P 500 Index – April 12, 2019

April 12, 2019 Bob Weir Chart-of-the-Day, Technical Pundits

The S&P 500 Index, at its current 2888.32,is not far off its all-time high of 2940.9, just 1.8%.

The Index likely will have some difficulty surpassing that benchmark but, if it does break through, then it probably will move considerably higher, which will make it be in totally uncharted territory. It is hard to believe this bull market, which started in March 2009, can keep going.

However, the U.S. economy, despite some signs of slowing, is still marching on. And so, therefore, is the Index.

You can download the full Chart-of-the-Day report at the following link: … DayChart_041119_SP500

About Bob Weir 3002 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).

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