Technical stocks that run this gathering in Wall Street-but for how long can they continue?

After months of concern about definitions, inflation, tensions in the Middle East and much more, the S&P 500 and Nasdaq Composite expanded another wall of anxiety – which led to a strong return and return to the lands for the first time in months.

He sees: S & P 500 registered for the first time in 4 months. What can the stocks push up from here?

Investors are now wondering whether the new records indicate the start of a long -term march in the US stock market, or if it is just a short period of prosperity before the next big shaking. For some strategists, the answer is hidden in one of the long market questions: How widespread the gathering?

Technological stocks were at the forefront of the registry gathering in the market. The so-called wonderful collection of artistic names from MegacAP- which includes Apple Inc. Aapl, Microsoft Corp. MSFT, Nvidia Corp. Nvda, Amazon.com Inc. Total market value to approximately $ 18 trillion from Friday afternoon, according to Dow Jones market data.

The gains on the S&P 500 SPX also led Coinbase Global Inc. Which has risen more than 140 % since April 8Which makes it the best performance between the components of the large adult index 500. Below, there are Seagate Technology Holdings Stx and Microchip Technology Inc. MCP, which has also recorded noticeable gains for more than 100 % in the same period, according to Dow Jones market data (see table below).

Besides individual names, technology -related sectors have also been distinguished as the best performance in S&P 500 since April 8. The IT sector in the S&P 500 XX: SP500.45 has increased to 41 % since early April, while the XX: SP500.50 telecommunications has increased nearly 28 %, compared to 24 % in the broader index in the same period.

The force in technological stocks has prompted many to ask whether the assembly is driven by a wide range of inventories or a few of them. But the answer is not clear – and this depends on any measure of the market for the expansion of the market.

The expansion line that follows the difference between the number of advanced shares and the retreating advanced shares on a large scale-one of the most wide indicators that follow the difference between the number of advanced shares and decline-to the highest level ever on Thursday, when I tested S&P 500 and Nasdaq Composite Flants Hights Hights Flimate at least four months.

Tom Isai, founder and head of Sevens Report, said that the new highlands in the NYSE A/D line showed that the last progress towards the registration territory is “widespread” and should be considered “historic and sustainable” health.

Strong returns in the periodic sectors because its lowest levels in April also indicate that the record of the records is not completely limited to MegacAP technology stocks.

The S& P 500 industrial XX: SP500.20 has increased nearly 27 % since April 8, while the XX: SP500.40 financial sectors and xx: SP500.15 materials also rise about 19 % in the same period, according to FactSet data.

He sees: This view shows a reason for the reason for investors to maintain exposure to “great seven”

However, although the NYSE A/D Line shows a positive breadth in the arrows, reading about the percentage of the S&P 500 shares trading over its 200 -day moving averages provides anxiety.

On Thursday, the S&P 500 shares were traded on Thursday over the 200-day averages (DMA)-much lower than its highest levels in May, according to the data collected by Sevens Report Research.

The proper market usually sees between 65 % to 80 % of the S&P 500 shares trading above 200-DMA. The 200 -day moving average is a major indication of defining long -term total trends.

“The difference between reading the NYSE A/D bullfall and heavy procedures recently in the percentage of the S&P 500 shares that trades above 200-DMA is a source of concern that the assembly off its lowest level in April was the result of a group of real power in some market angles, but simply a crowd of anti-market trends in others.”

He added: “For bulls, the best scenario of cases is the percentage of S&P 500 shares that trades above 200-DMAS to rise beyond the highest level in May by 55 %.”

Meanwhile, the S&P 500 has an equal weight XX: SP500EW- which gives equal value to all shares listed in the S&P 500, regardless of the company’s size -18.7 % since April 8. This compares to the progress of 24 % of the S&P 500 index that has been moved on the market.

He sees: What led to a record week in the stock market? Do not lose sight of the increasing expectations.

Ben Vulton, CEO of Webs Investments Inc. said. , For Marketwatch in an interview on Friday: “We need to see a continuation of the assembly across some other sectors, along with technology or communications only.” But he added that the discounts in the rate of interest in the field of federal reserves will remain “necessary for any of the late stock and financing stocks” to keep pace with technological shares.

Certainly, investors have been increasingly confident in expectations for the American economy since President Donald Trump has eased his position on comprehensive customs tariffs and commercial deals with some major commercial partners in the United States, including China and the United Kingdom

At the same time, and The possibility of at least three discounts in the price of a quarter From the Federal Reserve by the end of the year, it is signed Modern definitions did not significantly affect inflationAnd Reducing tensions between Israel and Iran The market morale was also raised.

American stocks occupied on Friday, when the three main stock indicators reserve strong weekly gains. The S&P 500 increased by 3.4 % for this week, while Dow Jones Industrial DJIA increased by 3.8 % and NASDAQ increased by 4.3 %, according to FactSet data.

He sees: The last commercial threat to Trump is waving on the horizon in Wall Street, where investors celebrate the returns of the stock market for land registration