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Economy

S&P 500 Above 5400: Economic Optimism or Irrational Exuberance?

In this edition of StockCharts TV‘s The Final Bar, Dave recaps the continued optimism for technology shares following this morning’s bullish CPI data and the Fed’s statements suggesting a Goldilocks scenario for risk assets. He also breaks down key technical signals and levels for AAPL, ORCL, SWKS, PGR, and C.

See Dave’s chart showing potential breakdown scenario for Progressive (PGR) here.

This video originally premiered on June 11, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

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