- equities suffered a broad-based reversal on Thursday, giving back a significant portion of Wednesday's rate-relief rally as rising oil prices and higher Treasury yields weighed on sentiment throughout the session
- The S&P 500 fell 66.82 points (-0.87%) to close at 7641.16, the Nasdaq Composite dropped 263.92 points (-1.00%) to 26088.20, and the Dow Jones Industrial Average led the decline, sliding 703.84 points (-1.32%) to 52759.21
- All three major averages finished at or near their session lows
- Cautious.
- What's working: Continuation (2LYNCH) fired 6 signals, D9M 1, Reversal Bullish 13…
- equities are under broad-based pressure at midday, with all three major averages…
- The Dow Jones Industrial Average has shed 449.29 points (-0.84%) to 53,013.76,…
- Cautious.
- What's working: Continuation/2LYNCH is rich with 40 signals — healthy breadth beneath…
- equity futures are pointing to a lower open on Thursday, August 20,…
- The pullback follows a session of broad-based strength on Wednesday, when the…
- CDTG ($3.01): ATR multiple 1.68, 0 funds, undefined%
- BEZ ($11.40): ATR multiple -0.85, 1 funds, undefined%
- AMLX ($38.60): catalyst 1d ago, +63.8% gap, RVOL 2.7
- CCC ($7.44): catalyst 1d ago, +6.7% gap, RVOL 1.6
- ALNY ($242.61): +6.1%, RVOL 0.8, between
- FICO ($1161.59): +7.7%, RVOL 0.9, between
- equities closed modestly higher on Wednesday, August 19, in a session where…
- The S&P 500 added 16.22 points (+0.21%) to close at 7707.98, the…
- Cautious.
- What's working: 2LYNCH continuation fired 39 signals (MELI, FICO, TEM, ALNY), D9M…
