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Tuesday, March 08, 2022 8:07 AM EST
Weekly Chart of the S&P 500 Updated
The Weekly Displaced Moving Average (DMA) Channel (Yellow Band) sees the current price below its channel. As such, bias remains negative on a weekly basis. More...
Stocks Futures On The S&P 500 +6
The S&P 500 closed yesterday at 4201.09 with a low of 4199.85 so we got a test of 4200. Overnight a low of 4138.75 was hit before rebounding to 4224 at 7:15 a.m. EST up 25.50 points or 0.61%. After a drop of more than -2%, the chance of a bounce of more than 1% is 50% so this morning’s action is not a surprise. More...
Today's Superstock Investor Stock Scorecard:
International Business Machines Corporation (IBM)
IBM shares are down to $126.07. Is there value here? More...