Kellogg stock rose after the company announced a proposed corporate split. But the daily price is still on secondary ranging to be near and above 200 SMA within 66/71 support/resistance levels waiting for the direction of the bearish reversal to be started or the bullish trend to be resumed. more...
Mastercard’s stock (NYSE: MA) has lost 7.2% in the last week, underperforming the S&P 500 (down 6.1%). more...
“The bear market will not be over until recession arrives—or the risk of one is extinguished,” Morgan Stanley has warned clients. more...
Here are short sale recommendations for a bearish week. more...
Credit Suisse’s stock (NYSE: CS) has lost approximately 39% YTD, as compared to the 21% drop in the S&P500 over the same period. Daily price was bounced from 7.24 resistance level to below for the primary bearish market condition to be resumed with 5.65 support level as the possible target to continuing. more...
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