For FullyInformed Members here is the Stock Market Outlook intraday chart analysis to 1:15 PM on Tuesday Aug 23 2016.
Stocks opened high on the back of a solid earnings beat by Best Buy and soaring new-home sales numbers that punched through to an 8 years high. Many analysts called the new-home sales numbers “proof” the credit crisis was over for housing.
Meanwhile the NASDAQ set a new intraday record high of 5275.74 as tech stocks advanced.
Here is the outlook for the afternoon and close along with trading tips, trade alerts and suggestions….The remainder of the stock market outlook midday intraday chart analysis is for FullyInformed Members.
Stock Market Outlook – Intraday Chart Analysis Midday – Aug 23 2016
FullyInformed Members can read the latest stock market outlook for the midday, directly through this link or they can sign in to the full site here. Non-members can join here or read about the benefits of a membership.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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