July Strength, Late-Summer Caution: 3 Charts to Watch | ChartWatchers

KEY TAKEAWAYS The S&P 500’s uptrend is intact and July is following its historically strong pattern with broad enough participation. The Bullish Percent Index remains above 50 and the percent of stocks trading above their 200-day simple moving average support the bullish movement in the S&P 500. Seasonality often turns choppier from August through October, … Read more

Jack Dorsey-led Block set to join S&P 500 index in new milestone, to replace Hess

Jack Dorsey’s Block Inc. is set to join the S&P 500 index, a milestone that underscores the growing influence of digital payments and crypto in mainstream finance. The fintech firm will replace Hess Corp. in the benchmark, following Chevron Corp.’s $53 billion acquisition of the energy producer. The changes will go into effect prior to … Read more