News Formal

The bullish case for U.S. stocks is getting weaker

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

New Highs vs. New Lows indicator has generated a sell signal.

The stock market, as measured by the S&P 500 Index SPX, is still trapped within its trading range. However, when SPX traded down through its 20-day Moving Average this week, coupled with the FOMC meeting’s conclusion, that seemed to get the ball rolling on the downside.

This is also a seasonally weak period for the market, so that is potentially contributing to the bearish argument as well. The support at 4330 is what really matters, though, and as long as that holds, SPX is still in its trading range that extends back several...

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

These stocks could break out to new highs on a market-friendly Fed decisionThese are the stocks to watch for a break above previous 52-week highs of the Federal Reserve appeases markets on Wednesday.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Housing market tightens again as inventory hits historic lowsRising interest rates discourage buyers and sellers.
Fonte: washingtonpost - 🏆 95. / 72 Consulte Mais informação »