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Hedging Long Positions Could Be This Week's Move

4 years 2 months ago
“…when an index or equity rallies after a prolonged selloff, there are multiple potential resistance levels overhead … The level that corresponds with the SPX’s round 10% below the 2021 close is at 4,289. In February-March, the index chopped around thi

Malaysia Stock Market May Test Support At 1,500 Points

4 years 2 months ago
(RTTNews) - The Malaysia stock market has moved lower in three consecutive trading days, shedding almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index new rests just beneath the 1,505-point plateau and it's expected to open under pressure again on Monday.

Better Buy Stock: Alphabet vs. Amazon

4 years 2 months ago
Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN) are two of the most influential technology companies in the world. On the heels of turbulence for the market, and growth stocks in particular this year, each company's valuation is also down significantly from its p

Can Snowflake Keep Up Its Staggering Growth Rate?

4 years 2 months ago
Disruptive data cloud provider Snowflake (NYSE: SNOW) has a lot to prove this week. The fast-growing tech company is scheduled to report its fiscal second-quarter results on Wednesday. Since its initial public offering in September 2020, the company has consistently posted stagge
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