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This S&P 500 news has the bulls revved up. Why they’re making more of it than it is. - MarketWatch

1. S&P 500 rose above 200-day moving average, signaling an uptrend. 2. Historical data shows no significant support for this optimism. 3. Past performance post-signals is mostly neutral over long-term. 4. Future price may not outperform average despite recent trend. 5. Other market factors hold greater influence than moving averages.

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FAQ

Why Neutral?

Historical data shows no significant performance increase after similar signals, indicating limited positive influence on S&P 500.

How important is it?

The article highlights skepticism about traditional market indicators and their long-term predictive power, which could affect investor strategies and expectations for S&P 500 constituents.

Why Short Term?

Short-term market trends may react, but longer-term performance signals weak correlation.

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