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Big Tech selloff pushes popular Nasdaq ETF QQQ below key support level

A drop in tech stocks drove the QQQ ETF below its 50-day moving average, suggesting more pain for the tech sector. Traders work on the floor of the New York Stock Exchange moments before the closing bell on April 5, 2010 in New York, New York .....»»

Category: topSource: businessinsiderMar 3rd, 2021

Tesla Stalls At Support And Could Turn Around: A Technical Look

Tesla Inc (NASDAQ: TSLA) tested a key support level Thursday and held. Despite two big weeks of tech earnings, the overall market has struggled and both the S&P 500 and the Nasdaq 100 have retreated from all-time highs amid fear of inflation. read more.....»»

Category: blogSource: benzingaMay 7th, 2021

Market Snapshot: Dow, S&P 500 erase sharp losses to end higher as Powell pledges Fed support for economy through COVID crisis

The Dow and S&P 500 eked out gains Tuesday, while the tech-heavy Nasdaq Composite finished lower, as congressional testimony from Federal Reserve Chairman Jerome Powell helped reverse a market selloff tied largely to a sharp rise in bond yields......»»

Category: topSource: marketwatchFeb 23rd, 2021

Facebook Option Traders Bet Huge That Stock Will Trade Higher Before August: See The Trades

Facebook, Inc. (NASDAQ: FB) dropped to support around the $300 level on Wednesday amid overall market weakness. read more.....»»

Category: blogSource: benzingaMay 12th, 2021

Microsoft Stock Options Traders Are Betting The Pullback Is Over

Microsoft Corporation (NASDAQ: MSFT) gapped down Tuesday, but the dip was immediately bought. The gap down put Microsoft under a key level of support at $246, however, and by mid-afternoon the stock was rejecting that level as resistance. read more.....»»

Category: blogSource: benzingaMay 11th, 2021

Europe Markets: Stocks fall across Europe and Nasdaq futures tumble 1%, as inflation concerns and selloff sentiment spread

Stocks fell across Europe on Tuesday, as rising U.S. inflation concerns and a tech selloff on the other side of the Atlantic on Monday spooked investor sentiment......»»

Category: topSource: marketwatchMay 11th, 2021

Nasdaq ends sharply lower as tech shares tumble, Dow dragged to loss after hitting all-time high

Stocks ended lower in a tech-led selloff Monday, with the Nasdaq Composite falling sharply and the Dow Jones Industrial Average giving up a gain of more than 3.....»»

Category: topSource: marketwatchMay 10th, 2021

US stocks fall as rising inflation fears drive sharp tech selloff

FAANG stocks all fell at least 2% Monday as inflation fears weighed on the tech-heavy Nasdaq. The index closed lower by more than 2%. Scott Heins/Getty Images US stocks fell Monday with the N.....»»

Category: topSource: businessinsiderMay 10th, 2021

3 Reddit Stocks That Smashed Through Critical Support Levels

Shares of popular Reddit stocks Etsy, Inc. (NASDAQ: ETSY), ENGlobal Corporation (NASDAQ: ENG), and Palantir Technologies Inc. (NYSE: PLTR read more.....»»

Category: blogSource: benzingaMay 7th, 2021

Stocks end mostly lower, with Nasdaq slumping nearly 2% as tech shares sell off

Stocks ended lower Tuesday, with a selloff by tech-related heavyweights sending the Nasdaq Composite to a sharp loss. Remarks by Treasury Secretary Janet Yellen, who said tha.....»»

Category: topSource: marketwatchMay 4th, 2021

Option Traders Are Undecided On Tesla"s Price Action, And So Is Tesla"s Stock

Tesla Inc (NASDAQ: TSLA) was mostly flat Tuesday, trading directly on a support and resistance level at $718. read more.....»»

Category: blogSource: benzingaApr 20th, 2021

Dow, S&P hits record as big tech retreats and bond yields surge

The Nasdaq was set to open sharply lower Friday morning as the 10-year yield neared its highest level of the year......»»

Category: topSource: foxnewsMar 12th, 2021

Dow rises, big tech retreats as bond yields rise

The Nasdaq was set to open sharply lower Friday morning as the 10-year yield neared its highest level of the year......»»

Category: topSource: foxnewsMar 12th, 2021

Big Tech under pressure as bond yields rise

The Nasdaq was set to open sharply lower Friday morning as the 10-year yield neared its highest level of the year......»»

Category: topSource: foxnewsMar 12th, 2021

Tesla, EV makers jump as high-flying stocks rebound from brutal sell-off

Shares of Tesla and electric vehicle makers jumped alongside a bounceback in tech stocks after the Nasdaq fell into a technical correction. Maja Hitij/Getty Images Tesla, Nio and XPeng were up on Tuesday after a selloff.....»»

Category: topSource: businessinsiderMar 9th, 2021

Moderna To Collaborate With IBM On COVID-19 Vaccine Distribution — Utilizing Blockchain Tech

Moderna Inc. (NASDAQ: MRNA) and International Business Machines Corp. (NYSE: IBM) plan to collaborate on technologies that could help support smarter management of COVID-19 vaccines, including improving supply chain manage read more.....»»

Category: blogSource: benzingaMar 5th, 2021

Market Snapshot: Dow struggles as stock market attempts rebound following stimulus-inspired jump in consumer spending

Stocks on Friday try to find a bullish footing upward following a selloff triggered by a rise in Treasury yields that has left the tech-heavy Nasdaq Composite on track for its worst weekly skid since October......»»

Category: topSource: marketwatchFeb 26th, 2021

Tech stocks take a broad beating, more than oil stocks, as all Nasdaq 100 components lose ground

Despite the historic selloff in oil prices, it's the technology sector that's leading the way lower Tuesday, as the four worst performers within the Dow Jones Industrial Average are technology companies. Among ETFs tracking.....»»

Category: topSource: marketwatchApr 21st, 2020

Universal’s next-level tech preps Super Nintendo World

Universal Parks & Resorts is busy recreating the video game industry's most popular universe into a real life theme park land — Super Nintendo World. The new land, being built in conjunction with Japanese video game creator Nintendo Co. Ltd., brin.....»»

Category: topSource: bizjournalsFeb 2nd, 2020

Wall Street recovers from Monday rout on tech, financial support

U.S. stocks rose on Tuesday as gains in technology and financial shares helped major indexes recover from their worst selloff in about four months on worries over a coronavirus outbreak and its impact on global growth......»»

Category: topSource: reutersJan 28th, 2020

Major “FAANG” ETFs Have Missed Out On The Entire Rally

Since the start of Q4, there has been a significant breakout by the FANG index versus the more popular Nasdaq 100 and Tech Select. The... The post Major “FAANG” ETFs Have Missed Out On The Entire Rally appeared first on ValueWalk......»»

Category: blogSource: valuewalkJan 22nd, 2020