2 Sectors Offering Key Insight Into What Comes Next for the Overall Market

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 32 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

SPDR® S&P Retail ETF News

Ishares Transportation Average ETF

Stocks Analysis by Michele Schneider covering: SPDR® S&P Retail ETF, iShares Transportation Average ETF. Read Michele Schneider's latest article on Investing.com

Following the inflation data, speculation on the Fed's next moves, recession fears, and calls for a soft landing, I'm craving simplicity.

For those playing along, that number is 73.50. Write it on a post and paste it to your computer screen.With the price sitting right on the 50-weekly moving average, if IYT closes above it or below it, the next moves will be obvious. Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Selloff in Junk Bonds Could Signal Trouble Ahead for StocksBonds Analysis by Michele Schneider covering: iShares iBoxx $ High Yield Corporate Bond ETF, iShares 20+ Year Treasury Bond ETF, Quadratic Interest Rate Volatility and Inflation Hedge ETF New. Read Michele Schneider's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »