Apple soars, bitcoin and ethereum fall: Tuesday's market trends

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 66 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 63%

Jared Blikre Noticias

False Breakout,Market Trends

Yahoo Finance's Jared Blikre joins Asking for a Trend to break down Tuesday's market trends. Apple (AAPL) has reached a new all-time high, rising about 7...

) has reached a new all-time high, rising about 7% intraday. Blikre notes that the probability of this movement being a false breakout is an unlikely high-risk scenario.

These are really good statistics even for a stock that is mostly going up because there are long periods of time where it has this breakout and it finally goes to the upside.Because we're looking at average gains of about 30% over the next year.But what I want to show you is that Apple chart once again.What's the risk is that this is a false breakout and we head right back down over the coming days and then we head down some more.That's not what I think will happen.

But I think, you know that old saying, hedge in May or excuse me, sell in May and go away, should be changed to hedge in May and go away.And I think simply, uh market participants are, are just really not that active this summer. Another Tesla shareholder came out against Elon Musk's multibillion-dollar pay package, saying the billionaire should 'focus on going to Mars'

Money expert Kelley Keehn simplifies the proposed changes to the capital gains tax and offers actionable advice. Learn what capital gains tax is, grasp the proposed changes targeting wealthy Canadians, and understand their potential impact on families. Plus, learn about practical steps to safeguard your assets in light of these reforms.Two TSX stocks could deliver greater earnings to investors with higher risk appetites.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Apple stock hits a new record, Oracle releases Q4 results: Yahoo FinanceApple (AAPL)shares are hitting new highs after the company unveiled new operating systems and how it's incorporating AI into its offerings. Wall Street...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Elon Musk Vs Apple, Fed meeting begins: Yahoo FinanceElon Musk has threatened to ban iPhones and other Apple (AAPL) products from his companies after the tech giant announced a deal with OpenAI to incorporate...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Apple unveils new features, Southwest Airlines pops on Elliott stake: Yahoo FinanceApple is taking the lid off its newest offerings at its Worldwide Developers Conference. The tech giant is showing off new AI tools and features coming to...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stocks shrug off hot jobs report, GameStop sinks, Nvidia stock split on tap: Yahoo FinanceStocks are little changed (^DJI,^GSPC, ^IXIC) despite the hotter-than-expected May jobs report. The US added 272,000 jobs last month, far more than the...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Jobs report, meme stocks move ahead of Roaring Kitty livestream: Yahoo FinanceWall Street is reacting to the May jobs report. Economists expected nonfarm payrolls to increase by 185,000, with the unemployment rate steady at 3.9%. The...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »