Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

S&P 500 hits record highs but sell signal remains active, caution advised.

Market News
28 May 2026
Market Watch
View Source
Bullish
pluang ai news

The S&P 500 Index reached new all-time highs this week alongside the Dow Jones, Nasdaq 100, and Russell 2000, signaling a broad market rally. Despite this strength, a technical sell signal known as the MVB remains active because the S&P 500 has not closed above its modified Bollinger Band threshold. This suggests some caution for investors as the market could face volatility unless the index closes above 7,600. Support levels are identified between 7,330 and 7,000, indicating potential price floors in case of a pullback.

More News

Eramet reports total shares and voting rights as of May 31, 2026, confirming shareholder capital structure.

Eramet reports total shares and voting rights as of May 31, 2026, confirming shareholder capital structure.

Eramet SA disclosed the total number of shares and voting rights as of May 31, 2026. The company has 28,755,047 shares, with theoretical voting rights totaling 49,497,051 and exercisable voting rights at 49,411,630 after accounting for private voting...

Company Fundamentals
Neutral
56 minutes ago
Micron CEO sells $36M in stock amid record rally near $1000 per share.

Micron CEO sells $36M in stock amid record rally near $1000 per share.

Micron Technology CEO Sanjay Mehrotra sold nearly $36 million worth of company stock last week, offloading 37,439 shares at an average price of $960.38 each. This sale was part of a pre-arranged trading plan and reduces his direct holdings by about 8...

Market News
Neutral
2 hours ago
Mobile forensics market to nearly double to $9.99B by 2031, growing at 11.8% CAGR driven by AI and cloud integration.

Mobile forensics market to nearly double to $9.99B by 2031, growing at 11.8% CAGR driven by AI and cloud integration.

The global mobile forensics market is projected to grow from $5.72 billion in 2026 to $9.99 billion by 2031, at an 11.8% CAGR. Growth is fueled by increasing mobile ecosystem complexity, widespread use of encrypted apps, and demand for integrated for...

Market News
Bullish
2 hours ago
Costco shares rise 2% on strong May sales and technical rebound despite broader market weakness

Costco shares rise 2% on strong May sales and technical rebound despite broader market weakness

Costco's stock increased by about 2% following strong May sales results, with net sales up 14.5% year-over-year to $24.01 billion. U.S. comparable sales rose 13.7%, and digitally enabled sales jumped 21.1%, highlighting the company's growing e-commer...

Company Fundamentals
Bullish
3 hours ago
Space stocks plunge over 20% amid SpaceX IPO valuation cut and short squeeze fallout.

Space stocks plunge over 20% amid SpaceX IPO valuation cut and short squeeze fallout.

Space stocks are sharply down this week, with Redwire, Momentus, and Rocket Lab falling over 20% due to SpaceX's reduced IPO valuation and a failed short squeeze on Virgin Galactic. SpaceX set its IPO price at $135 per share, valuing the company at $...

Market News
Bearish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App