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Top related persons:
Frank Cappelleri - 2 Cappelleri - 2 Thomas DiFazio - 1 it's - 1 Katie Stockton - 1 DiFazio - 1 Mark Newton - 1 Newton - 1
Top related locs:
Israel Worth
Top related orgs:
Bank of Japan - 1 Meta - 1 Worth - 1

Search resuls for: "Frank Cappelleri"


4 mentions found


☆ Gold is testing the key $2,000 level. Why analysts are bullish and where they think it can go next
  + stars: | 2023-10-31 | by ( Alex Harring | ) www.cnbc.com   time to read: +4 min
Chart analysts are optimistic on the price of gold as the metal tests a ceiling that has previously capped gains. Spot gold has traded around the closely-watched $2,000 level in recent days for the first time since May. And, if previous highs can be surpassed, "we do think it's got some room to run here." That's based on analysis of previous movement in the gold chart to estimate how high the metal could go in the near term. Cappelleri, meanwhile, is first watching $2,180 after previous highs, based on a technical analysis of measured moves.
Persons: Thomas DiFazio, it's, Katie Stockton, Frank Cappelleri, Cappelleri, DiFazio, Mark Newton, Newton, It's Organizations: Bank of Japan Locations: Israel
☆ Meta Platforms broke below this closely watched level. What chart analysts expect now
  + stars: | 2023-08-23 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
More trouble could be ahead for shares of Meta Platforms based on one closely watched technical indicator. The Facebook and Instagram parent broke below its 50-day moving average this month for the first time since December. Meta shares have outperformed this year as CEO Mark Zuckerberg said it would focus on efficiency and artificial intelligence, sending the stock up more than 145%. Shares continue to hover below the 50-day moving average, which is now $297.98. Along with falling below its 50-day moving average, Frank Cappelleri notes that Meta has also completed what's known as a double top formation.
Persons: Meta —, Mark Zuckerberg, John Kolovos, Carter Worth, Frank Cappelleri, Meta, Cappelleri, CappThesis Organizations: Meta, Worth Locations: Worth
☆ Wall St retreats on debt ceiling jitters
  + stars: | 2023-05-19 | by ( Chuck Mikolajczak | ) www.reuters.com   time to read: +4 min
[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 14, 2023. Stocks had rallied over the past two sessions on growing confidence a deal to raise the $31.4 trillion debt limit could be reached in coming days, with the benchmark S&P 500 (.SPX) climbing more than 2%. The S&P 500 and Nasdaq were poised for their biggest weekly percentage gains since the final week of March. The warning weighed on Dow component Nike Inc (NKE.N), which lost 4.11%, while Under Armour Inc (UAA.N) fell 4.53%. The S&P 500 posted 28 new 52-week highs and three new lows; the Nasdaq Composite recorded 72 new highs and 69 new lows.
☆ These ETFs can help round out your midterm election investing playbook
  + stars: | 2022-11-08 | by ( Jesse Pound | ) www.cnbc.com   time to read: +4 min
Even if the election results match expectations, stocks may still rally as some unknowns are removed. Broad sector ETFs from firms like iShares, State Street and Vanguard are one way to play these sectors, offering cheap broad exposure. For example, the Industrial Select Sector SPDR ETF (XLI) and Vanguard Communications Services ETF (VOX) both have an expense ratio of 0.10%. Under-the-radar elections Federal elections are not the only contests on Tuesday that could move stocks. The biggest marijuana ETFs — AdvisorShares Pure US Cannabis ETF (MSOS) and ETFMG Alternative Harvest ETF (MJ) — are each down more than 50% for the year.
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