Market pressures, Fed concerns, and sector shifts: Essential insights

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Fed Nouvelles

Commodities,Equities,Intermarket

Stocks continue to come under pressure – but are you surprised? Financials and Pharma were the day’s losers.

Energy, Utilities and Communications were winners. Has the FED lost control of the narrative . Oil flat, Gold down . Is JoJo about to withdraw? Try the Pan Seared Veal Chop. So now it’s not just technology that is under pressure……the weakness that we’ve seen in tech over the past week or so has now moved onto the broader market. The VIX surging up and thru resistance on both Wednesday and Thursday – rising 26% and that was one of the catalysts that sent stocks lower….

How long have we been having that conversation? So, anyone that is surprised by this recent action has been living under a rock. Technically – you can look at the charts and you can look at the RSI’s for individual names as well as sectors and indexes….LLY was in overbought territory, Financials were in overbought territory, the Dow, the Nasdaq, the S&P and Russell are in overbought territory.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 14. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Beauty Stocks Take a Beating After Market Guidance DowngradeThe worldwide beauty market’s sales are expected to grow between 4.5 and 5 percent this year, rather than above 5 percent, according to L’Oréal’s CEO.
La source: wwd - 🏆 24. / 68 Lire la suite »

Stocks inch higher after Trump, Biden debate: LIVE MARKET UPDATESInvestors are digesting the contentious debate between President Joe Biden and former President Donald Trump as they spared over inflation, government spending and a host of other issues. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
La source: FoxBusiness - 🏆 458. / 53 Lire la suite »

Fed Rate Cut Hopes Lift US Stocks Amid Mixed Data; Euro, Yen Under PressureMarket Overview Analysis by Ipek Ozkardeskaya covering: EUR/USD, USD/JPY, Nasdaq 100, FTSE 100. Read Ipek Ozkardeskaya's latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Fed Key Remark Shakes Crypto Market; What's Next?Fed officials have recently delivered crucial comments meant to have significant implications for cryptocurrencies
La source: Utoday_en - 🏆 295. / 63 Lire la suite »

Stocks open lower Wednesday as investors assess market's second-half prospects: Live updatesThe S&P 500 and the Nasdaq Composite snapped a three-day losing streak on Tuesday.
La source: CNBC - 🏆 12. / 72 Lire la suite »