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James DiGeorgia, Mr. Macro
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Dan Hassey, Mr. Retirement
- Senior Stock Analyst -
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Superstock Investor

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Morning Briefing

Tuesday, August 30, 2022 8:07 AM EDT

Morning Matters:

Weekly Chart of the S&P 500 Updated
by Geoff Garbacz

The Weekly Displaced Moving Average (DMA) Channel (Yellow Band) sees the current price now above its channel though it is off its high. As such, bias remains positive on a weekly basis. More...


Market Matters:

Stocks Rebound After Two Days Of Selling
by Geoff Garbacz

Overnight Summary: The S&P 500 closed Monday at 4030.61 (lower by -0.67%) from Friday at 4057.66 (lower by -3.38%). The overnight high of 4072.75 was hit at 4:25 a.m. EDT. The low was hit at 4026.75 at 8:10 p.m. EDT, a range of 56 points high to low which is above the range of late with 45 the average range. At 7:20 a.m. EDT the current price was 4065 which is 0.84% and 33.75 points. Currently, at 7:55 a.m. EDT the S&P 500 is now up $32.50. More...


Today's Superstock Investor Stock Scorecard:

Best Buy Co., Inc. (BBY)
by Superstock Investor

Best Buy reported earnings of $1.54 which is a beat of $0.25. However, they warned of future inflation impacts. The price is at $73.70. More...


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