Choppy H1 24'? These 3 Data Points Say Yes
CostcoCostco(US:COST) Zacks Investment Research·2024-01-11 20:47

After an abysmal 2022, the S&P 500 Index and the Nasdaq Composite regained their footing in grand fashion in 2023. The S&P 500 Index ETF ((SPY) gained 26.19%, while the Nasdaq 100 ETF ((QQQ) soared 54%. Like in 2023, investors are likely overwhelmed by the plethora of bold analyst estimates in one direction or another. However, the issue with following such bold predictions is that, more often than not, they are based on gut feel rather than data and in-depth analysis. In today’s piece, I will look to cut t ...