Nasdaq, S&P 500 Breakout with Earnings in Focus
Both the Nasdaq and S&P 500 have broken out to fresh highs and earnings are very much in focus this week. But is this more driven by short cover ahead of earnings announcements or is this legitimate accumulation on the back of more dovish expectations around the Fed?
Both the Nasdaq and S&P 500 have broken out to fresh highs and earnings are very much in focus this week. But is this more driven by short cover ahead of earnings announcements or is this legitimate accumulation on the back of more dovish expectations around the Fed?