This stock market rally in the first half of 2023 was built on the back of technology stocks, as investors bet on a resilient US consumer and hype surrounding artificial intelligence to keep the shares soaring.But that support has wobbled all month, as a Federal Reserve bent on keeping rates above 5% well into next year and flagging consumer confidence triggered a selloff that just shoved tech stocks into a correction. Big Tech led losses, with the 30-stock Dow fell 388 points, or 1.14%, in its worst day since March. The S&P 500 declined 1.47%, while the Nasdaq Composite slid 1.57%. $Apple(AAPL)$ down 3.97%, $Microsoft(MSFT)$ down 5.02%, $Tesla Motors(TSLA)$
Hello everyone! Today I want to share some potential stocks with you! Hope it can be helpful to you!The stocks are as follow: $Amazon.com(AMZN)$ Massive bear pennant breakdown for Amazon after losing 6 months of trendline support last week.Image $Costco(COST)$ posts a double beat for the quarter! ~EPS: $4.86 vs $4.79 est ~SALES: $78.94B vs $77.96B est $Roblox Corporation(RBLX)$ worth a watch in the coming sessions... Relative Strength (+3.44% today) Bullish RSI Divergence TW Pivot Buy SignalImage $Apple(AAPL)$ Open the floodgates.Image $Micro 10-Year Yield - Oct 2023(10Y231
$S&P 500(.SPX)$ closed at 4273.53, below the key support level of 4300; $NASDAQ(.IXIC)$ fell below 13100 yesterday.With two key indices falling below the support level, market begins to speculate for more declines.The UAW strike, the potential shutdown of the US government this weekend, and analysts downgrading ratings of tech giants have made the upcoming October more uncertain.If the Republican and Democratic parties cannot reach an agreement before October 1st, most federal government departments will have to shut down.Although fat bear week is held to pick fat bears, some retail investors consider it’s an unlucky period for stock market. Especially, it coincides with the plunge of major indi
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I can buy here at 23.50, sell the 22.00 April 6th calls for $2.00. In theory the PPS should drop 6.40 on ex-div date to 17.10 if price stays the same. If the stock doesn't climb above 22.00 I keep the whole premium. I mean who would want to buy April 6th $22.00 calls for much of anything after ex-div. $ZIM Integrated Shipping Services Ltd.(ZIM)$