Posted on 07/09/2025 7:59:03 AM PDT by wardamneagle
What Happened: According to an iShares MSCI World ETF (NYSE:URTH) chart, tracking the MSCI World Index shared by Barchart, global stocks have formed a “Golden Cross” for the first time since January 2023.
(Excerpt) Read more at finance.yahoo.com ...
And.
Guessing that’s better than the “Golden Shower?”
And...then what??
But what about The Southern Cross, When you see the Southern Cross for the first time
You understand now why you came this way
In stock market terminology, a "golden cross" refers to a bullish technical analysis pattern where a short-term moving average crosses above a long-term moving average, typically the 50-day moving average surpassing the 200-day moving average. This pattern is considered a signal of a potential long-term uptrend and is viewed by many investors as a buying opportunity.
Recently, major indices like the S&P 500 and Nasdaq 100 have formed this pattern, suggesting the possibility of a prolonged bull market.
Key implications of the golden cross include:
Historical Performance: Data dating back to 1975 indicates that after a golden cross, the S&P 500 has moved higher 88% of the time over the following year, with an average return of 12.29% over the past 50 years. Current Market Indicators: As of early July 2025, both the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust (QQQ) have formed golden crosses, with their 50-day moving averages now above their 200-day moving averages. Specifically, SPY had a 50-day moving average of $587.15 compared to its 200-day moving average of $582.68, while QQQ showed a 50-day moving average of $515.59 against a 200-day moving average of $503.23.
It is a sign that a prolonged bull market is expected.
What it means is that someone invented something called the Golden Cross and is pretending that it is important
More Winning!
Stock market indicators and news of any sort generally mean YOU are about to get fleeced.
From AI:
The phrase “Past performance is not indicative of future results” is a widely recognized and legally mandated disclaimer in the financial world. The Securities and Exchange Commission (SEC) requires investment companies to include this disclaimer in their marketing materials to help ensure that investors don’t solely rely on historical returns when making investment decisions.
“past returns and golden crosses are not indicative of future performance” *
*this a common disclaimer in finance, particularly for investments like mutual funds. It means that just because an investment has done well in the past doesn’t guarantee it will continue to do well in the future. This is because market conditions, economic factors, and other variables can change, making past performance an unreliable predictor of future results
LOL! The topic will make a lot of money for financial bloggers.
Zactly.
Post of the Day!
I see what you did there.
“Post of the Day!”
You lost in the market?
No, having a pretty good day but I don’t care about so-called technical indicators and such.
“No, having a pretty good day but I don’t care about so-called technical indicators and such.”
And news?
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