Nasdaq Alarm Sounds for First Time in 10 Years

All three indexes had their worst days since Jan. 3

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MARKET RECAP     3/22/2019
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Dow, S&P Swing to Weekly Losses on Recession Fears By Karee Venema Share On Stocks fell into the red at the open, as troubling eurozone manufacturing data amplified concerns of a slowing global economy. The selling pressure only intensified by midday, as disappointing U.S. factory data and a rare inverted yield curve -- typically seen as a pre-recession signal -- spooked an already-shaky Wall Street. By the time the dust settled, the Dow, S&P 500, and Nasdaq had all erased their weekly gains, and were staring at their biggest daily losses since Jan. 3. Continue reading for more on today's market, including: This Nasdaq alarm is sounding for the first time in 10 years. This retail stock just flashed a technical warning sign. Plus, another upgraded Apple supplier; why bears blasted this Turkey ETF; and more bull notes for Chipotle. >> Continue reading...
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>> Options Traders Think Shaq a Slam Dunk for Papa John's Plus, Nokia options pits come alive amid probe >> Beware of Best Buy Stock The stock has rallied almost 48% off its late-December low >> Turkey ETF Gets Crushed, Put Volume Soars Traders are digesting negative headlines about Turkey-U.S. relations >> Recession Worries Send Bulls Packing Nike earnings and an inverted yield curve have stocks selling off today >> Nasdaq Alarm Sounding for First Time in 10 Years Tech strength has helped the IXIC outperform in March ADVERTISEMENT This Trading Book Sells For $19.95 On Amazon. Yours Free. Simple Options Trading for Beginners retails on Amazon for $19.95. But for a limited time only, you can download a free copy directly from the author. Click here to grab the best-selling book for FREE.
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