Bloomberg Market Wrap 3/7: S&P 500 Bearish Momentum, Costco

The video discusses the S&P 500's performance, highlighting a sideways range and bearish trends. It examines Costco's earnings, noting its impact on the market and competition with Amazon. The resilience of the bull market is analyzed, with a focus on historical P/E ratios and comparisons to past markets.

How has Costco's stock been performing leading up to its earnings report?

What factors are influencing the grocery market competition, particularly regarding Costco and Amazon?