Market technician weighs in on October trading

Подписаться 1,3 млн

50% 1

US stocks (^DJI, ^IXIC, ^GSPC) are largely flat in Monday's morning trading despite rallying on September's jobs report last Friday. BTIG managing director and chief market technician Jonathan Krinsky sits down with the Catalysts team to discuss the momentum trade behind market indexes and select sectors. "Even in election years when October finishes green, there is almost always some sort of Intra month drawdown. And we did have a little bit early last week," Krinsky says. "But, I think, we should expect a bit more than what we saw last week. So that's still our base case, but the fact that the bulls did hold the line, that 5,670 level [for the S&P 500] was the prior highs back this summer. We held above that..." Krinsky also weighs in on the trajectory for the tech sector and small-cap stocks. For more expert insight and the latest market action, click here to watch this full episode of Catalysts.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
Get the latest news and data at finance.yahoo.com
Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: www.instagram....
TikTok: www.tiktok.com...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance

Опубликовано:

7 окт 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 6

@ChengHao03 11 часов назад

Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction... It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.

@BaozhaiDongmei 11 часов назад

Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.

@JunlaiAiguo3c 10 часов назад

I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

@Friedrich-j3i 10 часов назад

Oh, really? I have never thought of that as an option. Can I ask who it is you've been working with? I bet I could use some help myself.

@JunlaiAiguo3c 10 часов назад

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.. .

@Friedrich-j3i 10 часов назад

Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.