, president of Blue Line Futures, said these remain solid long-term investments, but under-the-surface indicators suggest they could be in for a near-term breather.
Costco and Visa, too, could be running out rope after a more than 20% rally for both so far this year, Baruch said. The average directional index, or ADX, for Costco and Visa each show a decline after a sharp move higher earlier this spring. John Petrides, portfolio manager at Point View Wealth Management, said it makes sense that these type of names are breaking out given the broader market fundamentals.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
‘Godfather’ of chart analysis says Wall Street shouldn’t bet on stock-market records anytime soonProminent market technician Ralph Acampora says Wall Street needs new highs for him to be confidently bullish about the outlook for the stock markets, after...
اقرأ أكثر »
Pinterest plunges after earnings but Wall Street analysts are sticking with the stockWall Street analysts are sticking by the stock in the wake of the company's big miss. For how long? It’s not profitable and it hasn’t proven it will become profitable.
اقرأ أكثر »
U.S. stocks drop late in session on trade uncertaintyWall Street shares extended losses in late trade on Friday after CNBC reported t... 25,700 dow; it's all good folks. ahha time to buy.
اقرأ أكثر »