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A.I. Unease Fueling Concerns for PLTR? Plus, Technical Levels to Track Today
Manage episode 501362920 series 3645668
Kevin Green examines yesterday's weakness as an "innocent until proven guilty narrative." He believes the 20-day moving average is a key test for trend direction determining whether Tuesday's selling was a healthy correction or something worse. KG explains the seasonality trends for August and September that aren't living up to historical norms. For Palantir (PLTR), says its recent price action is a "cooling off" period. KG also weighs in on Target (TGT) after earnings fail to impress investors. On the broader S&P 500 (SPX), he's watching 6430 to the upside and 6370 to the downside in Wednesday's trading.
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6831 episodes
Manage episode 501362920 series 3645668
Kevin Green examines yesterday's weakness as an "innocent until proven guilty narrative." He believes the 20-day moving average is a key test for trend direction determining whether Tuesday's selling was a healthy correction or something worse. KG explains the seasonality trends for August and September that aren't living up to historical norms. For Palantir (PLTR), says its recent price action is a "cooling off" period. KG also weighs in on Target (TGT) after earnings fail to impress investors. On the broader S&P 500 (SPX), he's watching 6430 to the upside and 6370 to the downside in Wednesday's trading.
======== Schwab Network ========
Empowering every investor and trader, every market day.
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 – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
6831 episodes
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