Stock Market Saviors: The Magnificent Seven Defying Market Weakness

black android smartphone turned on screen

Image Source: Unsplash


Seven mega-cap stocks continue to keep the market in a tight range despite the banking crisis, inflation, and higher interest rates. It still remains to be seen if the move higher today is the start of a breakout higher or a fake-out. A review of the expected move for the week tells us even if we went to the higher end of the expected move we'd still be in the range. We may not see a definitive answer until next week. In the meantime here's what I'm looking for...

Video Length: 00:12:35


More By This Author:

Your Mid-May Market Update: Sector Strength And Weakness So Far In 2023
Debt Ceiling Disco Heats Up, Time To Get Off The Floor?
Markets Threaten To Break Lower As Tech Bid Sours

Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with