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Analysts Believe S&P 500 Will Soar At The End Of The Year

Video Credit: Wochit News
Published on August 20, 2020 - Duration: 00:29s

Analysts Believe S&P 500 Will Soar At The End Of The Year

According to a Piper Sandler senior technical research analyst the S&P 500 will continue to gain following its record high on Tuesday.

The S&P 500 was up 0.2% to 3,396.5 in Wednesday morning trading.

It has gained 4.92% year-to-date through Tuesday's close.

The analyst, Craig Johnson told CNBC that charts of lumber, oil, and industrial metals show that the economy is improving.

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