Daily Archives: December 12, 2024

08Feb10:27 amEST

Are Big Round Numbers Too Beaucoup, Even for This Market?

Although it seems far more like a bunch of baloney than a brilliant observation, the truth is that Wall Street history is littered with major, multi-year (even multi-decade) showdowns at big, round numbers.  We currently have the monster, NVDA, dueling with $700, and the S&P 500 Index battling the 5,000 level, both of which are at all-time...

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