Applied Materials, Inc. (NASDAQ:AMAT), Apple Inc. (NASDAQ:AAPL) - Earnings Roll On, With Today Featuring Applied Materials, Ralph Lauren, Kohl's
Share: Last week, Thursday featured a comeback after days in the red. Can it happen again? After a mostly unimpressive overnight session, the major indices started clawing back ahead of the open. It’s amazing how resilient this market remains. The question again is whether the 50-day moving average in the S&P 500 Index (SPX), now near 4080, can continue to hold. There was a nice bounce off of that late yesterday, and it possibly reflected a “buy the dip” mentality that for some investors has paid off again and again in recent years. That doesn’t mean it will keep working, obviously...
Source: benzinga.com