The Jackson Hole technical trade: BTIG says these stocks are buys ahead of Powell speech

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 72%

Automatic Data Processing Inc أخبار

Ebay Inc,Markets,Investment Strategy

These are BTIG's top technical stock picks ahead of Jackson Hole.

A handful of stocks could be breakout candidates as investors react to discussions at the Federal Reserve's annual retreat in Jackson Hole, Wyoming, according to

remains cautious on the broader market and indexes, with its chief market technician, Jonathan Krinsky, asserting "we would be surprised if SPX rips through its prior highs without some further consolidation." "Given volatility has a bid, that makes an outright 'sell the news' on Friday less likely, in our view, as there is now room for to get hit into the weekend," he said.

's buy rating and $47 per share price target implies more than 8% upside from Wednesday's $43.35 close.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين