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A golden cross is a chart pattern in which a stock's 50-day moving average moves above its 200-day average. Given the more volatile backdrop, CNBC Pro screened FactSet for stocks that are forming or approaching a golden cross pattern. The health-care stock has a 50-day moving average of $103.31 and is approaching its 200-day moving average of $104.14. MarketAxess Holdings Meanwhile, the 50-day moving average of $230.11 for MarketAxess Holdings has already surpassed its 200-day moving average of $228.36, indicating possible future gains. Its 50-day moving average of $218.04 has also already passed its 200-day moving average of $215.18.
Persons: paring, Cardinal Health's Organizations: Dow Jones, Nasdaq, CNBC Pro, Health, Holdings, MarketAxess Holdings, SBA Communications SBA Communications, SBA Locations: Wednesday's
The busiest week of earnings season has arrived, with about 160 of the S & P 500 companies set to report, and some stocks could see major moves on the back of those releases. The S & P 500 and Nasdaq Composite fell last week as investors rotated out of technology sector winners in favor of beaten-down small-cap names. With this in mind, CNBC Pro screened FactSet data to find stocks that could see big moves on the back of their earnings reports. To be exact, 55 of the 63 analysts covering it have a buy or strong buy rating. While Meta is down more than 6% over the past month, shares are up more than 33% in 2024.
Persons: Donald Trump's, Trump, that's Zuckerberg, Carvana, Rajat Gupta, Wolfe, Shweta Khajuria Organizations: Wall, Nasdaq, CNBC Pro, Bloomberg, Hertz, Meta, Wolfe Research
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