on Thursday said multiple segments in the stock market have crossed over from bear to bull market territory in recent weeks as the U.S. economy continues its recovery from the coronavirus lockdown.
The market action has helped raise the major averages, which have all clawed back a chunk or all of their losses from the coronavirus sell-off between February and March. A bear market is defined as a stock price that's 20% below a recent high. After Thursday's session the Dow, which slipped about 40 points, is now within 12% of its all-time closing high. The S&P 500, which inched up 0.06%, is now within 8% of its own February high. The Nasdaq Composite is within 1% of the record close it set a little more than a week ago.Mad Money
" host said, "and the better breadth we have the more kissable this market is, and that's what we're actually seeing right now." The stock guru pointed out 10 bull markets on Wall Street and highlighted the stocks that are leading the way higher.
Source: News Formal (newsformal.com)
NVDA,APPL,PYPL,SQ AND NOW IDEX 🚀🚀🚀
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