|Day Low/High||30.30 / 31.28|
|52 Wk Low/High||29.48 / 38.63|
The longer the Nasdaq remains below the 200-day line, the easier it becomes for risk managers to compel portfolio managers to reduce exposure.
Positive Mayhem? Let's look at the week that was.
The rails are having a "decent" October: Today: : +3.58% : +2.00% : +1.71% : +1.46%
Plus, the Chinese government raised $4 billion in dollar bonds on Tuesday, borrowing on the cheap from the international community.
From a market perspective, there are going to be plenty of winners lining up for their share of the riches.
These guys are aware that the U.S. was energy independent less than a year and a half ago, right?
Also, there's reason to turn J&J's one shot jab into a two shot vaccine just like the rest.
Plus, China's central bank plans to cut its Reserve Ratio Requirement and Wells Fargo looks to exit a business line.
This is a bit more of a hedge against oil, energy, and large-cap names.
Here's how to play the rail name as we see a shipping shortage yet lots to transport.
Scarcity may be the most important word right now in describing what's working in the stock market and what's dragging us down.
Here's how to play UNP as oil rises to around $65 a barrel.
Let's check the latest charts and indicators on the railroad.
The president hit the bid in order to avoid a government shutdown, and stop 'the people' out at $600.
Perhaps the best thing for the markets that might come out of Tuesday's election would be certainty, regardless of outcome.
There is a presidential debate on Thursday. The market is being forced to adjust for renewed potential uncertainty.
Amid Wednesday's broader market decline, look for a nice rally in the Diamonds as we close out the week.
Should the economy see some organic growth, this stock can run as high as $220.
The markets are really in the hands of Washington right now, and Washington is in the hands of the virus.