LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Wednesday’s big stock stories: What’s likely to move the market in the next trading session

Chaim Potok by Chaim Potok
September 18, 2024
in Investing
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. 

Michael M. Santiago | Getty Images

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox.

Here’s what CNBC TV’s producers were watching during Tuesday’s trading and what’s on the radar for the next session.

The Fed

Stock Chart IconStock chart icon

The U.S. 10-year Treasury yield in 2024

Housing in the U.S.A.

The face of fear

  • “Fast Money” did a good bit led by chartmaster Carter Worth Tuesday night.
  • He chartered three defensive sectors: utilities, real estate investment trusts and consumer staples. He compared them to the S&P 500 and showed them vastly outperforming, about as “far above trend using the 150-day moving average than at any time on record.”
  • The S&P utilities sector currently has a relative strength index of 76. An RSI reading above 70 generally means that a security is overbought. It’s no guarantee that it’s about to fall. Rather, the RSI is just one metric traders look at when determining how fast an asset is moving one way or the other. An RSI below 30 generally means that the asset is oversold.
  • Utilities are up 25% in six months. The S&P tech sector is up more than 12% in six months.
  • The S&P real estate sector also has an RSI above 70. It is up roughly 18% in three months, while tech is down 4.5% in that same time period. 
Stock Chart IconStock chart icon

hide content

S&P 500 Utilities Sector in 2024

Paid up

  • Visa, Mastercard and American Express all hit 52-week highs today.
  • Visa is up 9% in a month.
  • Mastercard is up about 7% in a month.
  • American Express is up 5.4% in a month.

The equal-weight S&P 500

General Mills

  • The consumer brands company is up 12.4% in the past three months.
  • General Mills reports Wednesday morning before the bell.
  • The stock is paying a 3.2% dividend as of Tuesday’s close.



Source link

You might also like

Brokerages are likely to slash yields on cash. These firms are still offering solid rates

Josh Brown thinks this brokerage stock is going ‘way higher’

Trump’s ‘big beautiful bill’ created a new student loan repayment plan: Here’s what borrowers need to know

Share30Tweet19
Previous Post

Purchasers expect to spend over £35,000 retrofitting their homes – London Wallet

Next Post

South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis

Chaim Potok

Chaim Potok

Recommended For You

Brokerages are likely to slash yields on cash. These firms are still offering solid rates
Investing

Brokerages are likely to slash yields on cash. These firms are still offering solid rates

July 22, 2025
Josh Brown thinks this brokerage stock is going ‘way higher’
Investing

Josh Brown thinks this brokerage stock is going ‘way higher’

July 22, 2025
Trump’s ‘big beautiful bill’ created a new student loan repayment plan: Here’s what borrowers need to know
Investing

Trump’s ‘big beautiful bill’ created a new student loan repayment plan: Here’s what borrowers need to know

July 22, 2025
The buzz around AI ‘neoclouds’ is growing, but investors should tread carefully
Investing

The buzz around AI ‘neoclouds’ is growing, but investors should tread carefully

July 22, 2025
Next Post
South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis

South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis

Related News

These oversold stocks are due for a bounce after a tough start to 2025

These oversold stocks are due for a bounce after a tough start to 2025

January 4, 2025
Quick Charge Podcast: June 14, 2023

Quick Charge Podcast: June 14, 2023

June 15, 2023
Hedera Africa Hackathon launches with M prize pool and Web3 focus

Hedera Africa Hackathon launches with $1M prize pool and Web3 focus

May 26, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?