This Key SPX Pattern is Relevant Again

FAANG stocks are all 1% lower premarket

 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

9/28/2021 Have you seen our volatility scorecard? Sign up by clicking here! Stock Futures Lower as Bond Yields Break Out By: Jacob Scott Stock futures are notably lower today, as rising bond yields put pressure on tech shares. The 10-year Treasury yield rose as high as 1.545% overnight, as Wall Street bets on the Fed's promise to curb its emergency bond-buying stimulus amid bubbling inflation. As a result, FAANG stocks are all more than 1% lower in pre-market trading, while futures on the tech-heavy Nasdaq-100 Index (NDX) are off by triple digits. Futures on the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are both well below breakeven as well.  Also putting pressure on the market is Senate Republicans' decision to block a House-passed bill Monday that would have funded the government and suspended the debt ceiling. If Congress doesn't approve the funding by Friday, it will result in an unprecedented U.S. default. Continue reading for more on today's market, including: Schaeffer's Senior V.P. of Research Todd Salamone revisits the SPX's tri-star doji pattern. Schaeffer's Senior Market Strategist Matthew Timpane takes a look at Tesla stock. Plus, Ford moves on electric vehicle sector; UNFI rises on earnings beat; and Applied Materials gets downgraded. Share on Read More...       Are You Sabotaging Your Trading? Would you prevent that early exit if you knew for a fact there were more gains in your future? You could finally stop leaving too soon and get out at the most opportune time. But...how do you know what's going to happen next for the markets? Our top-of-the-line A.I. forecasting predicts the behavior of your stocks up to 72 hours in advance. Click here to save a seat at our exclusive complimentary LIVE training session. Sponsored In Case You Missed It... Senior Market Strategist on Tesla Stock's Chart Support TSLA's short-term and long-term averages to watch Dissecting Alcoa Stock's Potential to Extend Its Run Higher AA has more than quadrupled in the past year Today's Stock Market News & Events: 9/28/2021 Earnings expected from Cal-Maine Foods and Micron Dow Scores Fourth-Straight Win as Bond Yields Pop The S&P 500 and Nasdaq settled below breakeven Who Are the Next Big Stock Movers? There is only one way to get in on stocks about to skyrocket...Artificial intelligence makes it easier than ever for you to find the right trades at the right time. This A.I. forecasting tool predicts market changes up to 72 hours in advance! Make your exits and entries more precise by simply following the forecast for your ticker symbol. It doesn't get any easier than this. Click here to learn more! Sponsored Want More Minute-to-Minute Updates? Ranking the most volatile stocks → Schaeffer's Volatility Scorecard Midday check-in → Midday Market Check After the market close → Market Recap Last week's rundown → 5 Minute Market Rundown Analyzing the current market climate → Monday Morning Outlook What's on our CEO's radar this week → Chart of the Week Schaeffer's has a podcast, have you given us a listen?       ADVERTISE // CAREERS // SHOP Be sure to add us to your contacts so you don't miss out on any news! Unsure of how to do that? Follow our instructions located here. For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. 5151 Pfeiffer Road Cincinnati, OH 45242 If you didn't create an account using this email address or no longer wish to receive these emails, please unsusbscribe here.