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Regional Banks And The 23-Month Moving Average
Article By:
Michele Schneider
Tuesday, May 14, 2024 10:03 PM EDT
As other sectors were running to new highs, KRE did not clear the 23-month moving average, but also broke below the 80-monthly MA, setting the stage for a big correction on news of bank failures.
Another Flat Day With Big Afternoon Earnings: ARM, ABNB & More
Article By:
Mark Vickery
Wednesday, May 8, 2024 11:50 PM EDT
Markets were flat again this Hump Day. Over the past week or so of trading, the major indices have been treading water. For today’s session, the Dow scraped together +172 points, +0.44%, while the S&P was exactly 0.00%.
Candlestick Patterns 101: Bullish Breakaway
Same pattern on $IWM.
Market Shakeup Suggests Small Caps, Value Stocks Back In Favor
If you look at the $IWM, it is clearly breaking down. Not sure where you are seeing the love. Perhaps with other small cap ETFs?