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Ryan Detrick: S&P 500 approaches rare ninth consecutive 1 percent gain
Ryan Detrick, chief market strategist at Carson Group, notes that the S&P 500 could achieve its ninth consecutive 1 percent gain without a 1 percent drop today.
He points out that this would be the first time such a streak has occurred in over 22 years.
Detrick recently highlighted that AI hardware spending has grown 31 percent annually over the past five quarters. He has also referenced a broad analysis of the U.S. economy from Carson Research. Both reports tracked above-average trends in their sectors.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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