With the U.S. stock market at all-time highs again, it makes sense to pay attention to what key charts are saying.
• The chart shows the pattern that RSI has traced is positive. That indicates a pullback should be bought unless something else changes. • Investors ought to watch semiconductor stocks such as Intel INTC, -0.10% AMD AMD, +1.75% Micron Technology MU, +0.61% and Applied Materials AMAT, +1.44% as indicators of where the market may go.
• So far earnings are coming in better than expected, but a large number of important earnings are still ahead. That is a major risk factor. • Now there are indications that China may stop further easing its monetary policy. All markets are connected, and if the Chinese stop easing, that may put a brake on the rise.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A ‘tired’ stock market is a reason for caution, says chart watcherDo stock-market bulls need a timeout? One chart watcher argues that the rally that’s seen the S&P 500 roar back from the verge of a bear market to the...
Source: MarketWatch - 🏆 3. / 97 Read more »
A stock-market correction is coming, but don’t ‘head for the hills yet’, says BNY MellonLiz Young, director of market strategy at BNY Mellon, is a unsettled by how far and fast equities have risen this year, but it’s no time to “head for the... Your chart only shows results from the last year. Don’t you need a longer terms to determine a trend?
Source: MarketWatch - 🏆 3. / 97 Read more »
This chart shows the fundamental reason why stocks are back at all-time highsRBC says quarterly estimates now imply that a much-feared earnings recession will be avoided. Fundamental? Really? I don't see a bag holder anywhere on the graph. Did I miss it?
Source: CNBC - 🏆 12. / 72 Read more »
Cramer's lightning round: Why I'm staying away from most auto stocksJim Cramer zips through his response to caller questions about their favorite stock picks.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks open modestly higher as Dow earnings stay in focusStocks rose slightly at the opening bell on Tuesday as investors sift through a raft of corporate earnings from blue-chip firms, including four Dow...
Source: MarketWatch - 🏆 3. / 97 Read more »
‘I did not expect us to be at all-time highs by April’, says Morgan Stanley’s Wilson as stock market popsStocks in 2019 have thus far befuddled Michael Wilson, with the S&P 500 and Nasdaq Composite breaking out above their closing records in Tuesday trade. No one did expect maybe Tom Lee
Source: MarketWatch - 🏆 3. / 97 Read more »