S&P 500 nears first ‘gold cross’ in 2.5 years, but no guarantee for more gains ahead

S&P 500 nears first ‘gold cross’ in 2.5 years, but no guarantee for more gains ahead

The S&P 500 is on the verge of earning its first “gold cross” in two and a half years, but that doesn’t mean stocks will deliver more gains in the coming year. The gold cross indicator is used by technical analysts as a sign that a certain uptrend in markets or currencies is gaining momentum. … Read more