Stocks
The CEO is one of the major contributors to Donald Trump’s 2024 campaign. It’s odd to see a sector name brand do so poorly on such a strong day for big indexes.
Stocks
A sell-off, should one develop, might test the 50-week moving average at $4.56 – Wall Street algorithms are likely programmed to notice if the price drops to that level.
Stocks
A striking factor of this chart is the way the 50-day moving average has trended upward and remained above the 200-day moving average for all the months indicated.
GDX
The thinking was that “no rate cut” could mean higher inflation and thus help the price of the most famous inflation hedge: gold.
CMG
Tuesday’s lower low takes out the August 2024 support level of $48, not a good sign for investors who hold the shares.
YUMC
The buyers have taken control with a price well above the 50–day moving average and well above the up-trending 200-day moving average.
Stocks
The gap up above the 200-day moving average is accompanied by a volume burst showing a sense of deep conviction among those taking the trade.
ADBE
Depending on which metric was analyzed, Adobe Systems reported 4th quarter results that either fell short of or failed to beat analysts' expectations.
FNV
Neither gold nor silver had enough power to make it up to new highs during the trading session, but this stock has...
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It would take an extraordinary move, but the October 2022 low of near $27.50 is a support level beyond which is serious trouble.
Should heavy selling begin to take place, that very big mid-August gap up from near $68 to $73 may provide support: it’s an obvious zone where buyers overcame sellers last summer.
The drop from the price peak of $51 in mid-2023 to the present $32 represents a loss of 37% for those who made purchases in mid-July 2023 and have held on.
Thought to be a hot concept in late 2022 and early 2023, the stock has been a disappointment to investors ever since.
Palantir Technologies, heavily involved in AI applications, is among the handful of names immediately mentioned by analysts looking for exposure to that sector.
The downdraft is being widely attributed to the potential effects on the company of the newly established tariffs by the Trump administration.
Although Honeywell is off by 0.41% by the close, note that this is the third straight day above the 200-day moving average which remains in an uptrend.
It’s better to close higher than lower, whatever the context. On the other hand, new lows – even those occurring mid-session – generally, are an unhappy development.
The uptrend is clear from the June 2024 low to the September 2024 high, and then the stock seemed to go sideways with ups and downs along the way. Friday’s close breaks out above that pattern.
It’s better to close higher than lower, whatever the context. On the other hand, new lows – even those occurring mid-session – generally, are an unhappy development.
The name-brand footwear maker hit a new 52-week low Wednesday on much heavier than usual volume, indicating the decisiveness of the selling.
Given the ferocity of the downward move, how much longer this one will continue to be favored is now subject to question.