Market Update Into 2/25: Broad Markets Take a Step Back | TrendSpider Blog Skip to Main Content

Market Update Into 2/25: Broad Markets Take a Step Back

|
Share on social media

In this weekend blog post, we look at the broad markets taking a step back after quite the move over the last few months. Is this just a blip on the radar or something bigger? Make sure to check out our Sunday Chart Show this weekend at 6 PM EST with Market Chameleon as our guest!

TrendSpider Sunday Chart Show, Sunday, 02/23/2020, at 6 PM EST.

Miss the show? Watch now on YouTube.


$SPY: Daily Chart

$SPY daily chart.

$QQQ: Monthly Chart

$QQQ monthly chart.

$IWM: Monthly Chart

$IWM monthly chart.


BEFORE & AFTER: $CGC 65-Minute Candle Bounce to Anchored VWAP

Before and after charts: $CGC 65-minute candle bounce to Anchored VWAP.

Stay up-to-date: Subscribe to posts like this!

Receive automated updates from the Prepare for the Trading Week category
This site is protected by reCAPTCHA and the Google Privacy Policy and Google Terms of Service apply. Don't worry, we hate spam, too! See TrendSpider Privacy Policy for details.

Latest posts

|

Qualcomm Stock Surges on $60B Amazon AI Chip Deal

Qualcomm (QCOM) stock shares jumped sharply on September 8, rising toward the $180 level after the company announced a landmark multi-generation AI chip collaboration with Amazon Web Services, with one analyst labeling it a “net-net huge QCOM win.” The deal includes Qualcomm issuing Amazon warrants for up to 25 million shares at $161.26 per share, […]
|

NBIS Stock Surges on Palantir AI Partnership

Nebius Group (NBIS) stock jumped as much as 7% on September 8 after announcing a strategic partnership with Palantir Technologies (PLTR), which named Nebius its preferred sovereign AI infrastructure partner and will integrate Nebius compute and inference endpoints directly into the Palantir platform for commercial customers. The move followed a separate catalyst from late August, […]
|

Market Update Into September 7th: Inflation Data Incoming

Markets whipsawed last week as a wave of strong AI earnings hit the tape, crypto caught a bid, and Friday’s jobs report came in far hotter than expected, with 162,000 jobs added against estimates of just 53,000. AI and memory names led the charge as $AVGO, $DELL, and $HPE all crushed earnings, with $SNDK and […]
|

Uber Stock Faces AV Reckoning as Tesla Cybercab Launches

Uber Technologies (UBER) stock kicked off September with a double blow: a 3,300-person layoff (roughly 10% of its workforce) announced on September 2 to flatten management layers, immediately followed by the launch of Tesla’s Cybercab robotaxi service in Austin on September 4. Shares sold off heading into the Tesla event but have stabilized near $75-$76, […]