Mike Santoli's market notes: Tech sellers on rallies, options trade unwind, key area for S&P 500

📆 18/09/2020 02:55 p. m.
📰 CNBC

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 72%

México Noticias Noticias

México Últimas Noticias,México Titulares

New for subscribers: Mike Santoli's market notes: Tech sellers on rallies, options trade unwind, key area for S&P 500 Check out CNBCPro today.

Slop and chop in a heavy tape somewhat in the sway of options/futures expiration machinations. Indexes sagging near but not yet to month-to-date lows. Tech still finds sellers on rallies.

Bulls looking at the way the S&P has found its footing several times in this 3310-3330 area, also where we closed Aug. 11 at the start of the final wild upside sprint. Bears see busted leadership and a market that, while soft, is not yet broadly oversold. Still well within "normal pullback/correction" mode but tough to handicap the direction of the next 5% even given that.

Escribir Comentario

Pro

Pro Gay man for sell?

Pro ' Tech sellers on rallies ' such massive size in alot of these megatech names concentrated in so few holders = logjam

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

México Últimas Noticias, México Titulares

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

Mike Santoli’s market notes: Market's multiple tests, Apple and Tesla charts, software backslidingNew for subscribers: Mike Santoli’s market notes: Market's multiple tests, Apple and Tesla charts, software backsliding Check out CNBCPro today. Pro Mimosa's and avocado toast doesn't sound bad rn.
Fuente: CNBC - 🏆 12. / 72 Leer más »