overbought

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. 'Still in sell mode' Stay bullish on Nvidia Watch Ford 1. 'Still in sell mode' Stocks started the holiday-shortened trading week under pressure Tuesday, even as technology companies continued to outperform. The weakness comes after the S & P 500 and the Nasdaq on Friday posted their biggest weekly gains since March . But with the market still in overbought territory,…

It took just 10 days for a rally in Alibaba Group Holding Ltd. to flip the shares from being ice cold to red hot.The Chinese internet conglomorate’s plan to slash its empire into six units has so far added $47 billion of market value, causing a key technical indicator to flash a sell signal — little more than a week after it showed the stock was oversold.Alibaba’s 14-day relative strength index has risen above 70, typically a signal that a rally has gone too far. The US shares have jumped more than 20% so far this week,…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. Look to trim in an overbought market Don't sell Wells Fargo Hold onto Estee Lauder 1. Look to trim in an overbought market Stocks were mostly down Friday, pressured by a decline in financials after several major banks reported fourth-quarter results. The S & P 500 fell 0.42% in midmorning trading. It's likely that the overbought nature of the market – our trusted S &…

Best 2023 Crypto Investment: Ripple (XRP) and Quant (QNT) vs. The Hideaways (HDWY) After their quiet sessions in 2022, Ripple (XRP) and Quant (QNT) are back on the charts of cryptocurrencies with the highest 24-hour trading volume. Is Ripple (XRP) a good 2023 investment? Analysts warned of short-term volatility which could lead to big losses later. Investors are taking necessary precautions and pulled some of their holdings out of Ripple (XRP) and Quant (QNT) towards The Hideaways (HDWY) – which is having a 50%…

We're making a couple of small trims Wednesday morning for two reasons. We're making a couple of small trims Wednesday morning for two reasons. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your…