Technical Analysts Warn of S&P 500’s Historically Weak Monthly Performance

Despite strong earnings growth and raised year-end targets, technical indicators suggest caution ahead of the S&P 500's historically worst-performing month, highlighting a divergence between fundamentals and market sentiment.

31 Aug, 12:02 — 31 Aug, 12:02

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bloombergHigh6d ago

Technicians Cautious Ahead of S&P 500’s Worst Month Historically

The outlook for earnings growth for the S&P 500 Index is bright following a blockbuster reporting season and multiple Wall Street strategists have raised their year-end targets for the benchmark. As the kids say nowadays: The vibes are immaculate.

By Joel Leon and Emily Forgash

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Technical Analysts Warn of S&P 500’s Historically Weak Monthly Performance

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Technicians Cautious Ahead of S&P 500’s Worst Month Historically

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