Shares of Roku (NASDAQ: ROKU) opened sharply lower on Friday after a blistering financial update. Roku's plummet to close out the trading week is fair. The ad market has softened swiftly, even for Roku's connected TV stronghold that should've held up better than other marketing markets. Read More...
TheStreet.com
Will the Market Continue to Ignore This Oscillator?
Thus, while market environment continues to improve, we are becoming more price sensitive on the buy side. All the major equity indexes closed higher Thursday with strong internals on heavier volume as all closed at or near their intraday highs. Technical progress was seen as the DJIA, Nasdaq Composite, Nasdaq 100, Dow Jones Transports, MidCap 400 and Russell 2000 all closed above their resistance levels.
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