Thursday 27 April 2017

"The Big Five", which brought the growth of the US market in 2017 (2)

Apple shares, the maker of the popular iPhone, rose by 23 percent this year. Alphabet, Google's parent company, added 9 percent, and Microsoft increased by 6 percent.
With the most since the beginning of the year, the shares of the biggest social network in the world - Facebook, increased by 25%. Amazon shares also registered an increase of over 20%.
We should also point out that the broad US S&P500 today is traded above its 200-day moving average, which is a positive signal. However, between 120 and 130 of the broad indicator's components still have prices below this average.


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