Near-Term Bull Flag Formation On SPX

Markets are higher following Friday’s “risk-off” selling, notes Nathan Peterson. He and Cooper Howard gauge current market optimism. Cooper mentions that municipal bonds are an area of opportunity for higher income earners. They discuss technical trends to watch during earnings season. Nathan highlights that technically, near-term it appears to be a bull flag formation on SPX. They then go over the resiliency of the U.S. economy. Tune in to find out more about the stock market today.

Market On Close

16 Oct 2023

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