Market cheers up. Weekly S&P 500 forecast

Despite a strong US jobs report and rising geopolitical risks, the broad stock index managed to rally. Why did this happen? And what's next for the S&P 500? Let us discuss the Forex outlook and make up a trading plan.

Weekly S&P 500 fundamental forecast

Investors are lured back to stocks, pushing up the S&P 500 to a two-week high amid the armed conflict in Israel. It is generally accepted that escalating geopolitical tensions worsens global risk appetite and presses down stock indices. Not this time. Too much depends on the Treasury bond market.

Since the spring, investors have witnessed… Read full author’s opinion and review in blog of #LiteFinance