Chart Archives - Page 2 Of 2

Amazon stock is leading the ‘Magnificent 7’ rebound — but the rally is hitting a ceiling: Chart of the Day

Suhas Bhokare19 years ago2 months ago02 mins

Amazon (AMZN) stock has been one of the strongest names in the “Magnificent Seven” since the broader market’s March 30 low. But after a sharp three-day surge, its rally is now working into an space that has repeatedly stopped it earlier than. After going largely nowhere for greater than a 12 months, Amazon has lastly…

Wall Street’s biggest fear gauge is fading. That means investors may want to buy the dip: Chart of the Day

Suhas Bhokare19 years ago2 months ago02 mins

On Monday, the S&P 500 (^GSPC) erased its Iran struggle drop and climbed again above its prewar closing degree. The CBOE Volatility Index (^VIX) tells the identical story. It surged above 30 in the early days of the struggle — a zone usually related to acute market stress — and is now again to a…