Three stocks to buy with the Fed split on rates, traders say

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

As the Fed's path becomes murkier, two traders have some ideas on where to put money to work.

" on Wednesday. "The stock broke out in late July at a time when many of the other stocks were peaking in the market."

Newton says momentum behind it has not yet become overbought, and the stock could play catch-up all the way up to $47.79. That implies 12% upside from current levels."This had made a breakout of over a 16-year base," said Newton. "The stock has had a heck of a run. It's up about 25% since [this time last year], but really no meaningful resistance up until about $91.50, which were the highs that were made almost 20 years ago.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Who is sponsoring Steve Leishmans Jackson Hole wardrobe?

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Bond market yield curve inverts, signaling Fed may be too slow to cut rates, risks recessionAfter the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting. TAG!!! You’re NOT RE-elected!!! Even Dems are smart enough to realize, no recession, no chance in 2020
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Target, Lowe's results boost Wall Street; stocks hold gains after Fed minutesWall Street's main indexes rose on Wednesday as upbeat earnings from retail...
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »