The markets are feeling the heat from the trade war, but technical analyst Carter Worth says there could be a place to hide in the retail space.
are just some of the companies that could be victimized by the trade tantrum, but while these tech names could be in for more selling, "Options Action" trader Carter Worth says there's somewhere else you can still hide out.reports earnings before the bell on Thursday, and despite recent wild volatility in the markets, the stock has held up relatively well.
"Over the past 12 months, it's Walmart on top," said Worth, "and that's important, as equities have struggled over the last year and a half — we've basically made no progress over the last 15, 16 months — Walmart is making progress." Worth also thinks Walmart could be ready to break out even further to the upside, and he illustrated how the stock has entered a period of consolidation heading into this week's earnings report.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Dow plunges nearly 600 points as investors fear escalating trade war threatens economyWall Street recoiled Monday as Beijing promised to impose steep tariffs on $60 billion in U.S. goods. The Standard & Poor’s 500 index also was off significantly at the opening bell.
Lire la suite »
Dow tanks as trade war escalates – four experts weigh inStocks are plummeting again as the U.S. China trade war escalated even further to begin the week. Here's what four experts are watching.
Lire la suite »
Dow, stocks pare losses in afternoon trading after Trump's trade threat to ChinaPresident Donald Trump's threats on Sunday to hike tariffs on Chinese imports initially worried investors that trade tensions between the two countries were escalating.
Lire la suite »
Dow, stocks end slightly down after an earlier jolt from Trump's trade threat to ChinaStocks closed lower Monday, paring earlier losses after President Donald Trump threatened over Twitter to hike tariffs on Chinese imports.
Lire la suite »
Dow sinks more than 200 points at the open as U.S.-China trade tensions persistU.S. stock benchmarks opened solidly lower Tuesday, extending a decline from a day ago, as investors fretted about U.S.-China trade tensions, following...
Lire la suite »
Markets Right Now: Dow falls 500 points on trade jittersNEW YORK (AP) — The latest on developments in financial markets (all times local): 1:20 p.m. Stocks are falling sharply on Wall Street as the U.S. and China move closer to an...
Lire la suite »
Dow Extends Decline to More Than 600 Points as Trade Tensions Buffet MarketsU.S. stock declines deepened, with the Dow falling more than 600 points, as investors reacted to a growing likelihood that the White House will follow through on threats to enact tariffs on Chinese goods.
Lire la suite »
Dow drops 470 points on growing trade-war threat, biggest decline since early JanuaryThe Dow closed down about 470 points for its worst day since January 3 on the growing threat of a trade war. It plunged as much as 648 points at its low of the day. All 30 Dow components and all 11 S&P 500 sectors closed in the red.
Lire la suite »
Dow on track for longest losing skid in 2 months amid U.S.-China trade tensionsU.S. stock benchmarks on Wednesday are set to slide for a third straight session, albeit with futures declining with less gusto than Tuesday, as worries...
Lire la suite »
Dow attempts to avert longest losing skid in 2 months amid U.S.-China trade tensionsU.S. stock benchmarks on Wednesday are sliding for the third-straight session, albeit with less gusto than Tuesday, as worries about a U.S.-China trade...
Lire la suite »