Another flush lower in stocks ...Middle East

With key earnings being releases next week, the Nasdaq is flushing more to the downside. The NASDAQ index is now down -1.61% or -251 points at 15350.76.In the process, the price is running away from its 100 day moving average of 15489.71 and the 50% midpoint of the 2024 trading range at 15508.22. Bearish.Shares of Nvidia are breaking and falling away from the 50-day MA at 841.39. The price has not traded materially below the 50 day MA since November 2023. Next week, is pivotal with a number of large-cap stocks reporting including. Monday:VerizonSAPTuesday:GMTeslaVisaTexas InstrumentsWednesday:BoeingAT&TGeneral DynamicsMeta PlatformsIBMFordChipotleServiceNowThursday:American AirlinesCaterpil

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Last updated : 19 April 2024 clock 07:28 PM

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Another flush lower in stocks ...Middle East

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