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Kevin Horner covers the S&P 500, Nike (NKE), and D.R. Horton (DHI) for Technical Tuesday. He thinks a pullback to the 20-day moving average for the SPX would be reasonable soon, warning traders not to be complacent. On NKE, Kevin points to “notable” levels as the stock has made several breakthroughs on its rebound. Lastly, he sees a “new floor” at the 200-day moving average for DHI and thinks there is a short-term trend upwards.
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2929 ratings
Kevin Horner covers the S&P 500, Nike (NKE), and D.R. Horton (DHI) for Technical Tuesday. He thinks a pullback to the 20-day moving average for the SPX would be reasonable soon, warning traders not to be complacent. On NKE, Kevin points to “notable” levels as the stock has made several breakthroughs on its rebound. Lastly, he sees a “new floor” at the 200-day moving average for DHI and thinks there is a short-term trend upwards.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
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