Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Time To Buy, Sell, or Stay On Sideline

% of readers think this story is Fact. Add your two cents.


 

S&P 500 resistance of 3,400 will be the next milestone to reach, buying opportunity if your bullish occurs when price retraces back down to SMA 30. A test below SMA 60 would naturally test the commitment of a lot of bulls and embolden bears.

     — The major averages are trading mixed and little changed amid a lack of conviction. Buyers are presumably tired after the strong gains in February, while sellers remain sidelined given the strong tendency in the market to bounce back from any weakness.—In key corporate news, Morgan Stanley (MS 55.03, -1.26, -2.2%) will be acquiring E*Trade (ETFC 56.79, +11.85, +26.4%) for $13 billion in stock. MS was downgraded to Equal Weight from Overweight at Wells Fargo following the news. —Interestingly, investors continue to assume some defensive positioning in bonds (10-yr yield is down four basis points to 1.53%) and gold ($1619.50/ozt, +7.70, +0.5%). The U.S. Dollar Index is up 0.1% to 99.78.—Copyright (C) 2020 Briefing.com     



Source: http://www.trincafe.com/2020/02/time-to-buy-sell-or-stay-on-sideline.html



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.