The charts are warning investors to brace for yet another disappointment.
Let's check the charts and indicators to see if this opening strength can be sustained.
The Chinese tech giant is charging hard to close August, adding hope for bulls betting on an inflection point.
Under CEO Fabrizio Freda, the cosmetics giant takes risks and then does the blocking and tackling needed to win in a challenging retail environment.
Evaluating the market and policy discussion ahead of Jackson Hole, and how I am playing Zscaler on this weakness.
Is there enough buying momentum to overcome the resistance and put the indices back in position to test the highs hit in late July?
The challenge now is to figure out when this oversold rally will have run its course, so we can come back down again.
For those with a long-term horizon, here are some top picks.
The action on Monday sees lots of green but little energy as nearly all the gains were created by the gap-up open.
While secondary indicators are slightly muddled, price is leading the way.