Bloomberg Intelligence's 'Equity Market Minute' 5/22/2019
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Gina Martin Adams from Bloomberg Intelligence discusses the current state of the S&P 500, noting a stall in May due to concerns over US-China trade relations. The video analyzes short-term market technicals, highlighting weak momentum and the need for consolidation. Despite short-term uncertainties, the long-term bull market remains intact, with the S&P 500 staying above its 50-week moving average. The video concludes with a positive outlook on the bull trend.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the S&P 500 price relate to its 50 week moving average?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the significance of the 50 week moving average in determining market trends?
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