S&P 500 (SPX, +0.93%) Hits 13-Month High, Climbing Over 20% From October
On Monday, the S&P 500 jumped to its highest level in 13 months, marking a significant surge in investor optimism. Traders are hoping that the Federal Reserve will refrain from hiking rates in the imminent policy decision due this Wednesday. This leap represents a momentous occasion for the market, signifying the end of the bear market and the beginning of a potential bull run.
Upcoming Tuesday's inflation data could further bolster the narrative of decreasing inflation rates. Economists predict that the consumer price index will show inflation dropping to a 4% annual rate in May, a noticeable decrease from the 4.9% in the previous month.
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This positive sentiment isn't limited to the S&P 500. Last week, the benchmark index reached a milestone by gaining more than 20% off its October low, prompting many investors to announce the end of the bear market. The Nasdaq Composite has seen even more substantial growth, up 33% from its 52-week low.
Leading the charge in Monday's surge were the Nasdaq and technology stocks, with giants like Amazon and Tesla each gaining more than 2%. This comes as the Nasdaq continues a seven-week winning streak.
This rally initiates a busy week for the US economy, with inflation data expected on Tuesday and the Federal Reserve's policy decision due on Wednesday afternoon. All three major indexes - the Nasdaq Composite, the S&P 500, and the Dow Jones Industrial Average - ended Monday higher, with Nasdaq leading the gains with a 1.53% rise.
Historical data also provides a silver lining for investors. After the end of previous bear markets, stocks such as Target (TGT), TJX (TJX), and Tyler Technologies (TYL) consistently outperformed, each jumping an average of 30% or more in just 12 months.
After a grueling 162 trading days to overcome the last bear market, such historical trends provide much-needed relief for investors. Ryan Detrick, a strategist at Carson Group, points out that the S&P 500 gained 28.2% on average in the 12 months after rising 20% from bear market lows.
While the market's optimism is currently high, investors should keep a keen eye on the upcoming inflation data and the Federal Reserve's policy decision. These factors could influence the trajectory of the market in the weeks and months to come.
XLG in -1.14% downward trend, declining for three consecutive days on August 18, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where XLG declined for three days, in of 249 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on August 18, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on XLG as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for XLG turned negative on August 20, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 55 similar instances when the indicator turned negative. In of the 55 cases the stock turned lower in the days that followed. This puts the odds of success at .
XLG broke above its upper Bollinger Band on August 04, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where XLG's RSI Indicator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
XLG moved above its 50-day moving average on August 03, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for XLG crossed bullishly above the 50-day moving average on August 10, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XLG advanced for three days, in of 359 cases, the price rose further within the following month. The odds of a continued upward trend are .
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