All of the major equity indices have now closed above this key technical level.
Let's look at their price charts and technical indicators, and draw some conclusions.
Plus, a look at Ulta Beauty and a possible options play in the retailer.
Let's check out CCL's charts after disappointing quarterly numbers.
UNP is up 20% for the year despite the economic jiggles.
Plus, many market players don't wait for the Federal Open Market Committee's latest announcement to jump in, and President Trump's latest Xi tweet gooses equities.
Applying a less than normal 16x multiple to FY 2020's estimate would justify a move to $285 by FedEx's stock price over the next 12 to 18 months. Total return could exceed 80% on this very blue-chip name.
FedEx's rise on bad news and Facebook's fall on the same are two examples of how it's hard to figure out when enough's enough.
Tesla's promises may be losing cred, but the daily setup on the chart looks interesting -- and would be more so with a management change.
Elon Musk is helping move the shares after a big Tuesday meeting.