Stock market just flashed buy signal golden cross, suggesting upside - Business Insider

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020.The stock market is set to trigger a widely followed technical buy signal on Wednesday, suggesting more upside ahead.

The golden cross is triggered when a short-term moving average, typically the 50-day, crosses above a long-term moving average, typically the 200-day. On Wednesday, the S&P 500 is set to experience a bullish golden cross, which occurs when the shorter-term 50-day moving average crosses above the longer-term 200-day moving average. The moving average crossover signal is widely followed by technical analysts and traders.The lagging indicator can help alert traders to securities in the stock market that are solidifying their uptrend and are likely to experience a continuation with higher stock prices.

Meanwhile, the 50-day and 200-day moving averages of the Dow Jones industrial average are still too far apart to be able to determine when a golden cross might happen for the index.The most accurate analyst covering companies like Amazon says these 7 stocks are great bets for the future of e-commerce - even as the coronavirus bump fades

Yeah. They're digging their graves also..

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock picks to buy, beat the market as COVID-19 cases spike: Evercore - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Really.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Elon Musk's most controversial tweets about Tesla stock, market - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Business insider hard at work with news I see 🙄 we want financial data. not public tweets. you are 'business insider' ie not just easily publicly accessible Information.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Report: Money can buy business, led to Trump's election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

The stock market cares more about the makeup of Congress than it does the winner of the presidency. Here's why. | Markets InsiderThe stock market cares more about which party controls Congress than it does about which party wins the presidency, historical data suggests. In...
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

You can win $1,000 if you play 'Animal Crossing' for 50 hours - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »