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Apple, Tesla and Amazon stocks in danger of 1st closes below 50-DMAs in nearly 2 months

Shares of mega-capitalization companies Apple Inc. , Amazon.com Inc. and Tesla Inc. are all falling toward losing streaks of at least five sessions, enough to push them below their respective 50-day moving averages (50-DMA) for the first time in nearly two months. Many chart watchers on Wall Street view the 50-DMA as a short-term trend tracker. Apple's stock is down 0.7% in midday trading, and has shed 8.2% amid a five-day losing streak. The technology behemoth's stock is in danger of closing be Read More...

TipRanks

2 “Strong Buy” Dividend Stocks With at Least 8% Dividend Yield

The S&P 500 broke below 4,000 this week, for the first time since the end of July. It has investors wondering: Does this mark the low point of a roller coaster ride? Stocks rose all last year, fell from January to June, rallied from July to mid-August, and now are falling again. According to Wells Fargo strategist Paul Christopher, it’s evidence that the stock rally is sputtering to a halt. Christopher writes that “Cracks in financial market liquidity are appearing,” and says of the S&P 500, “3,

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