Core Viewpoint - The S&P 500 index has experienced its first "golden cross" in over two years, signaling a potentially bullish market trend as short-term momentum surpasses long-term trends [1][2]. Technical Indicators - A golden cross occurs when the 50-day moving average crosses above the 200-day moving average, indicating strengthening market momentum [2]. - The last occurrence of a golden cross for the S&P 500 was on February 2, 2023, marking the early stages of the current bull market, during which the index has risen over 48% [2]. Market Performance - Following the "liberation day" tariffs in April, the U.S. stock market has shown a gradual rebound, with multiple bullish technical signals emerging [2]. - The S&P 500 recently achieved its first historical closing high since February, setting a record for the fastest recovery from a 15%+ pullback [2]. Historical Data - Historical data from Dow Jones indicates that after a golden cross, the S&P 500 has a greater than 71% probability of rising over the next year, with an average gain of over 10% [2]. - In the last 20 occurrences of a golden cross, the average gain increased to over 13%, with an 85% success rate [2]. Broader Market Trends - Other market indices, including the Nasdaq Composite, have also recently achieved golden crosses, indicating a broader market trend [4]. - Small-cap stocks have begun to show increased activity, contributing to a more widespread market rebound [4]. Analyst Insights - Analysts view the golden cross as a reliable buying opportunity, with historical evidence suggesting its signals are more dependable than those of a death cross [3][4]. - Piper Sandler's chief market technician anticipates the S&P 500 could reach 6,600 points by the end of 2025 [4].

Technical Analysis - Analog Devices, Inc. (ADI) has recently experienced a "golden cross" event, indicating a potential bullish breakout as its 50-day simple moving average has crossed above its 200-day simple moving average [1][2] - A golden cross typically suggests a trend reversal from a downtrend to an upward trend, with three key stages: a downtrend, the crossover of moving averages, and a subsequent upward price movement [3] Performance Metrics - Over the past four weeks, ADI's stock has gained 10.5%, suggesting positive momentum [4] - The company currently holds a 3 (Hold) rating on the Zacks Rank, indicating potential for further gains [4] Earnings Outlook - There have been no cuts to earnings estimates for the current quarter, with 12 revisions higher in the past 60 days, leading to an increase in the Zacks Consensus Estimate [4] - The positive movement in earnings estimates, combined with the technical factors, positions ADI favorably for potential future gains [5]

Technical Analysis - OneSpaWorld Holdings Limited (OSW) has reached an important support level and is considered a good stock pick from a technical perspective due to a recent "golden cross" event [1] - A golden cross occurs when a stock's short-term moving average (50-day) breaks above its long-term moving average (200-day), indicating a potential bullish breakout [2] - The successful golden cross event consists of three stages: a price decline bottoming out, the shorter moving average crossing above the longer one, and maintaining upward momentum [3] Stock Performance - OSW shares have increased by 8% over the past four weeks, indicating positive momentum [4] - The company currently holds a 3 (Hold) rating on the Zacks Rank, suggesting potential for a breakout [4] - Positive earnings outlook for the current quarter is supported by three upward revisions in earnings estimates, with no estimates decreasing in the past two months [4] Investment Consideration - Given the positive technical indicators and the upward movement in earnings estimates, OSW may present a favorable investment opportunity for potential gains in the near future [6]

Core Viewpoint - Peakstone Realty Trust (PKST) is showing strong technical indicators for a potential bullish breakout, highlighted by a recent "golden cross" in its moving averages [1][3]. Technical Analysis - PKST's 50-day simple moving average has recently crossed above its 200-day moving average, indicating a bullish trend [1]. - The golden cross is a significant technical chart pattern that suggests a strong breakout potential, particularly when involving longer time periods like the 50-day and 200-day moving averages [1][2]. - The stock has moved 8.1% higher over the last four weeks, suggesting upward momentum [3]. Earnings Outlook - PKST is currently rated as a 1 (Strong Buy) on the Zacks Rank, indicating positive market sentiment [3]. - The earnings outlook for PKST is favorable, with no downward revisions in earnings estimates over the past two months and one upward revision, leading to an increase in the Zacks Consensus Estimate [3]. Investment Consideration - Given the technical indicators and positive earnings estimate revisions, PKST may present a good investment opportunity for potential gains in the near future [5].

Group 1 - Coinbase's stock price surged by 12.1% on Tuesday, marking the largest gain in the S&P 500 index, and reached its highest closing price since November 2021 [1] - The stock has increased by a total of 35.8% over the past four trading days, driven by the launch of the "Coinbase Payments" service, described as a "stablecoin payment stack" [1] - The 50-day moving average rose from $230.82 to $234.34, while the 200-day moving average increased from $233.20 to $234.11, resulting in a "golden cross" signal, typically interpreted as a bullish trend [1] Group 2 - Historical performance indicates that the "golden cross" may not be a reliable market timing tool for Coinbase, as previous occurrences have not consistently led to sustained price increases [2] - The last "golden cross" occurred on November 26, 2024, followed by a 24% increase, but the stock peaked and declined within seven trading days [2] - The last "death cross" happened on April 3, 2024, leading to an 11.3% drop, but the stock rebounded shortly after, indicating that these signals may not be dependable for long-term investors [2]

Core Viewpoint - Sportsman's Warehouse Holdings, Inc. (SPWH) is showing potential as a stock pick due to a recent "golden cross" event, indicating a bullish trend reversal [1][2]. Technical Analysis - A "golden cross" occurs when a short-term moving average (50-day) crosses above a long-term moving average (200-day), suggesting a potential bullish breakout [2]. - The formation of a golden cross typically follows three stages: a downtrend, the crossover of moving averages, and an upward price movement [3]. Performance Metrics - SPWH has experienced a significant rally of 88.8% over the past four weeks, indicating strong momentum [4]. - The company currently holds a 2 (Buy) rating on the Zacks Rank, suggesting favorable market sentiment [4]. Earnings Outlook - Positive earnings outlook for SPWH is supported by recent revisions, with no estimates decreasing and two revisions higher in the past two months [4]. - The Zacks Consensus Estimate for SPWH has also increased, reinforcing the bullish sentiment [4][6].

After reaching an important support level, Agenus Inc. (AGEN) could be a good stock pick from a technical perspective. AGEN recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving avera ...

After reaching an important support level, Box, Inc. (BOX) could be a good stock pick from a technical perspective. BOX recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. ...

Technical Analysis - Dave Inc. (DAVE) has recently experienced a "golden cross" event, indicating a potential bullish breakout as its 50-day simple moving average has crossed above its 200-day simple moving average [1][2] - A golden cross is characterized by three stages: a downtrend followed by a crossover of the shorter moving average over the longer one, and finally an upward price movement [3] Performance Metrics - DAVE has rallied 37% over the past four weeks, suggesting strong momentum [4] - The company currently holds a 1 (Strong Buy) rating on the Zacks Rank, indicating positive market sentiment [4] Earnings Outlook - There has been a positive earnings outlook for DAVE, with no earnings estimates decreasing in the past two months and two revisions higher [4] - The Zacks Consensus Estimate for earnings has also increased, further solidifying the bullish case for DAVE [4]

United Microelectronics Corporation (UMC) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, UMC's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term movin ...