The S&P 500 index posts a "double sigma" surge, making it harder to earn "quick money" in the future.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
```htmlGolden Ten Data reported on May 29 that the S&P 500 Index has returned to its all-time high, but there is no doubt that Wall Street’s stunning and fierce rally over the past two months has significantly slowed. The benchmark index soared over 19% from March’s low in just 41 trading days. Analysts at DataTrek Research described this rebound as approaching a "two sigma" level, meaning the gains have deviated by two standard deviations from any 100-day average return. This may indicate that the "fast money" has already been made; investors should prepare for a period of slower, choppy upward movement in the US market during the summer, or perhaps even range-bound trading. DataTrek analyst Jessica Rabe wrote in a report: "Historical experience suggests that the S&P Index may enter a consolidation phase here, with its pace of gains expected to slow down considerably."```
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
National Mobilization: An AI Economic War Without a Ceasefire Day
华尔街见闻•2026/10/01 02:45
British Pound retreats further from one-week top as USD buying remains unabated
FXStreet•2026/10/01 02:12
STONK crypto surges 18% after Netflix pairing – Why $0.25 matters now
AMBCrypto•2026/10/01 02:00
2026 September US stock model trading review: 18 complete transaction details
左兜进右兜•2026/10/01 01:39
Crypto prices
MoreBitcoin
BTC
$83,434.24
+0.17%
Ethereum
ETH
$2,686.43
+0.54%
Tether USDt
USDT
$0.9993
-0.02%
BNB
BNB
$767.39
+0.74%
XRP
XRP
$1.49
-0.27%
USDC
USDC
$1.0000
-0.00%
Solana
SOL
$118.03
-1.34%
TRON
TRX
$0.3375
+0.71%
Zcash
ZEC
$1,414.84
+0.23%
Hyperliquid
HYPE
$89.34
+3.61%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now