News Formal

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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »