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Each time the stock rose, sellers would enter the market and sell the stock; hence the "zig-zag" movement in the price. The series of "lower highs" and "lower lows" is a tell tale sign of a stock in a down trend. [18] In other words, each time the stock moved lower, it fell below its previous relative low price.
Stock market today: Nasdaq tops 20,000 for the first time as tech jumps after inflation data. Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to an all-time high.
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Stock indexes retreated as investors digested Thursday commentary from Fed Chair Jerome Powell. The odds of a 25-basis-point rate cut in December fell sharply after Powell's address.
"Hurry, going fast! 124 shoppers have purchased this in the past 24 hours," according to an online alert Monday morning for Skechers water repellent, pull-on, suede boots offered in five colors ...
TheStreet is a financial news and financial literacy website. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as Action Alerts Plus, [1] [2] a stock recommendation portfolio co-managed by Bob Lang and Chris Versace. [3]
In this regard, FINRA reminds firms of their surveillance and control obligations under the SEC's Market Access Rule and Notice to Members 04-66, [31] as well as potential issues related to treating such accounts as customer accounts, anti-money laundering, and margin levels as highlighted in Regulatory Notice 10-18 [32] and the SEC's Office of ...
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