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

Nigeria Nigeria Latest News, Nigeria Nigeria 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 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.
Source: MarketWatch - 🏆 3. / 97 Read more »