A major sell-side firm cut their fundamental rating on eBay (EBAY) to "sell" with a $42 price target. Let's check out the charts and indicators again. In our last review on May 24 we wrote that "Traders could probe the long side of EBAY above $47 risking to $43." Let's see what happened.
More from Investing
Thursday's stock market action was hardly as disheartening after Wednesday's big day as many portrayed it to be.
The November jobs report will signal whether the main market concern is inflation or growth.
The index is looking fragile. Also, let's check bonds, the buck, volatility and new highs.
The jobs report will be a good test of what is most important to the investors -- growth or raising rates.