With big tech earnings disasters, the short-covering rally is in danger of fizzling out.
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The S&P 500 hits the upper edge of the weekly expected move and immediately reverses on the day. With big tech earnings disasters, the short-covering rally is in danger of fizzling out. Here's what to look for the rest of the week...
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Tech Earnings Take Down The Nasdaq After The Bell - Expected Moves To Know For WednesdayNeither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.
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