Rebecca Felton, RiverFront Investment Group Senior Market Strategist, joins Yahoo Finance’s Myles Udland, Julie Hyman, and Brian Sozzi to discuss supply chain challenges, rising inflation concerns, and tech stocks as the economy reopens.
by Troy The U.S. stock market rallied today but faced resistance at its 38.2% retracement (38.2% retracement is the minimum requirement for a bounce). Let’s analyze the stock market’s price action by objectively quantifying technical analysis. For the sake of …
https://twitter.com/MacroTechnicals/status/1050534022261211136 Down to 52% of stocks in the S&P 500 above their 200-day moving avg, fewest since May. Another big down day and it will be the fewest since early 2016. $SPX. pic.twitter.com/IFpND15c6o — Charlie Bilello (@charliebilello) October 11, 2018 …
Stocks close lower in choppy session as higher rates snuff out rally The S&P 500 declined 0.1 percent to close at 2,821.98 after rising as much as 0.4 percent. The benchmark 10-year yield rose to trade at 2.784 percent, while …