Risky trading emerges amid big tech sell-off | MEM edge
In this episode Stock Chart TV‘S MEM edge, Mary Ellen reviews a weak week for markets based on key economic data released. We have seen interest rates rise and this has had other impacts. Although the S&P 500 has seen a slight decline, the uptrend remains intact as RSI and MACD are in positive territory and still above the 10-day moving average.
This video originally premiered on February 16, 2024. Click here or the image above to watch. our dedicated MEM edge Page On StockCharts TV.
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Mary Ellen McGonagle is a professional investment consultant and president of MEM Investment Research. After working on Wall Street for eight years, Ms. McGonagle left the firm to become an experienced stock analyst, where she worked with William O’Neill, where she identified sound stocks with the potential to take off. She has worked with clients around the world, including renowned firms such as Fidelity Asset Management, Morgan Stanley, Merrill Lynch, and Oppenheimer. Learn more