Nike

  • NKE

  • $73

  • +1.64%

  • $72

  • $73

  • $72

Ticker Appearances

Wed, August 23, 2023 | 11:37AM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy
Wed, August 23, 2023 | 11:37AM ET
Today'sQQQ 1.08%  bounce has indeed broken out of its downtrend from late July, and weak economic data this am could be a precursor of the kind of sector rotation that results as Treasury yields begin to weaken- Technology an overwhelming outperformer early on, higher by 1.37% in equal-weighted terms, while XLK up by +1.7%- Communication Svcs also showing excellent relative strength on the heels ofNFLX -0.41% META 2.76%  andGOOGL -0.17%  all higher by 2%+ FANG FANG FANG!!! SPX requires a move above 4440- DJIA meanwhile lagging, but this is largely NKE 1.64%  related which is down 3.94%-
Tickers

Tickers

Trending tickers in our research
Ticker Price Chg%
IWM
$224.43
+1.75%
NVDA
$113.00
+0.64%
COIN
$242.84
+4.89%
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$21.56
+6.31%
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$43.41
+1.57%
TSLA
$219.98
-0.12%
AMD
$140.09
+1.28%
LLY
$804.25
-2.06%
QQQ
$463.21
+1.08%
SMLR
$33.00
+2.71%

^Prices as of 2024-07-26 16:15:15