Sentences with phrase «broad rally in stocks»

Not exact matches

But looking at Monday's intraday trading — from the decline in telecommunications stocks to the broad - based selling in the technology sector — it became clear to Cramer that those pockets of strength weren't enough to sustain a rally.

Tencent shares continue to notch impressive sessions amid a broader rally in tech stocks.

Based on yesterday's price and volume action in the broad market, as well as the inability of stocks to hold their morning rally attempt, more near - term downside could be in store.

NEW YORK (AP)-- The latest on developments in global financial markets (all times local): 4:00 p.m. Technology and consumer stocks pulled the broader market slightly lower, even as energy stocks rallied along with the price of oil.

Those data are namely 1) the recent rally in stocks, 2) the recent improvement in the ISM (formerly NAPM) surveys, and 3) the substantial string of Fed easings «in the pipeline», which have accelerated growth in broad money such as M2, and 4) the likelihood that inventories will stabilize, taking away the biggest negative factor currently pressuring GDP lower.

Dow slumps as IBM's stock logs worst day in 5 years; energy sector buoys broader market Energy shares rally on surging oil pricesThe Dow industrials end lower on Wednesday as IBM's shares get walloped; however, gains in shares of energy - related firms help the broader market post modest gains.

With all that in mind, US stocks should have been slightly boosted by the subtle developments, and the major indices tried to rally after the initial volatile period, but the broader technical setup overwhelmed the attempt, and equities finished near their lows.

As the graph above indicates, leading small and mid-cap growth stocks have pretty much remained stagnant, despite the rally in the broad market of the past few days.

With the main stock market indexes posting back to back accumulation days (higher volume gains), the odds of the broad market staging a significant rally have increased dramatically in just a few days.

When the stock market is in a strong, multi-month rally, it usually takes five or more «distribution days» (broad - based losses on higher volume) to end the momentum of the uptrend.

Some managers invest the proceeds from their short positions in low - risk assets, while others dedicate a portion to long stock positions in order to hedge against broad market rallies.

High beta stocks rally more than the broad stock index in a bull market.

Despite a strong rally in the broader stock market, shares of the steelmaker have bounced around in 2017 on worries over steel prices and a global steel glut.

Stocks reclaimed ~ 40 % of last week's losses in a broad - based rally led by technology and financial shares; the Dow's 670 - point rally was the third - best all - time point increase for the popular benchmark index.