Dow Dips Over 250 Points Following Jobs Data: Investor Sentiment Weakens, Greed Index Remains In ‘Fear’ Zone
U.S. stocks fell as strong jobs data boosted Fed rate-hike odds. Fear & Greed Index declined to 41.9, while LULU and GWRE dropped.
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MarineMax, J. Jill and American Outdoor Brands show overbought RSI readings, warning momentum-focused investors.
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U.S. stocks fell as strong jobs data boosted Fed rate-hike odds. Fear & Greed Index declined to 41.9, while LULU and GWRE dropped.
U.S. stocks fell as August jobs beat estimates; oil, gold and silver declined. Immuron, Quanex and AOUT surged, while GWRE, LULU and PATH dropped.
MarineMax, Tillys and Sportsman’s Warehouse show overbought RSI readings, signaling potential momentum risks for investors.
3 stocks in consumer discretionary sector flashing warning to momentum-driven traders, with RSI above 70: MarineMax (HZO), Hamilton Beach Brands (HBB), Restaurant Brands Intl (QSR).
Major M&A deals this week include: Teledyne buys Varex for $1.1 billion, Clean Harbors buys Enviroserve, Mad Fitness bankruptcy.