While everyone watches Boeing and the Dow, this stock could be a better tell for the market

Ireland News News

While everyone watches Boeing and the Dow, this stock could be a better tell for the market
Ireland Ireland Latest News,Ireland Ireland Headlines

Despite Boeing's big decline this week, a different industrial giant could point to the next move for the market.

div > div.group > p:first-child"> However, another industrial giant could point to a different direction for the rest of the market, according to Matt Maley, equity strategist at Miller Tabak.

United Technologies and the S&P now face a technical test that determines their next move, Maley said. Stacey Gilbert, head of derivatives strategy at Susquehanna, says options activity suggests a bet on United moving higher looks like a contrarian play.

 

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boeing’s stock keeps Dow futures under pressure while broader market struggles for altitudeBoeing’s stock keeps Dow futures under pressure while broader market struggles for altitudeFutures for Nasdaq-100 edge higher on Tuesday but those for the S&P 500 and Dow remain under pressure as a fatal plane crash of a Boeing Co. aircraft over the weekend weighs on the blue-chip index.
Read more »



Render Time: 2025-01-10 23:07:18