[Stock Prediction] Will the S&P 500 Hit New Highs This Week?

Click to vote. Guess how $S&P 500(.SPX)$ will close on August 24th? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

Last week, the market saw a remarkable rebound, with the $S&P 500(.SPX)$ rallying for seven consecutive days. In the upcoming week, the Fed is set to release the minutes from its monetary policy meeting on Thursday, followed by a speech from Jerome Powell at the Jackson Hole Symposium on Friday. Historically, this global central banking event has had significant implications for future market movements.

Currently, the market largely anticipates a rate cut in September, and the S&P 500 is just about 2% away from reclaiming its previous highs. What do you think, Tigers? Will the S&P 500 break through to new highs, or are we in for a pullback?

💰Event Details

Click to vote. Guess where $S&P 500(.SPX)$ will move during this week? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

For example, if only 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins.

Reply and forward this post, share your insights about where $S&P 500(.SPX)$ will move and why, and you will win 5 Tiger Coins.

⏰Event Duration

From August 19, 2024, to August 24, 2024, at 4:00 SGT

🔥Don't forget to follow @Tiger_Earnings

voteWill SPX hit new highs this week?(Single choice)
113 people voted· Ended
# Take Profit as S&P Hits 5800 or Hold Till 6000?

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Comment6

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  • Barcode
    ·08-20
    TOP

    The S&P 500? Well, it’s approaching new highs 📈 thanks to the $NVIDIA Corp(NVDA)$  leadership. The index is now at 5,583.69, nearing its peak of 5,669.67 from just last month. Nvidia alone has driven 34% of the S&P 500’s gains this year ~ a true market mover! 📈🏆

    $SPDR S&P 500 ETF Trust(SPY)$ will hit new highs this week as we head into Nvidia's earnings. 🚀🔥📈💯

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    • Hen Solo
      Indeed a great market mover BC!
      08-20
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  • Barcode
    ·08-19

    $NVIDIA Corp(NVDA)$ will take it $S&P 500(.SPX)$ to new heights 🚀🚀🚀🚀🚀🚀🚀🚀🚀

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  • RXU
    ·08-20
    flirt around with ATH first then drop after profit taking and uncertainty ahead
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  • BotakGuy
    ·08-19
    Depends on the news
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  • KSR
    ·08-20
    👍
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