Schaeffer's on CNBC: The Must-Watch S&P Moving Average This Week

Plus, what to make of the recent batch of death crosses

by Research Dept.

Published on Nov 21, 2018 at 9:38 AM
Updated on Nov 23, 2018 at 1:24 PM

Schaeffer's own Andrea Kramer stopped by CNBC's Squawk Box this morning, where the discussion was focused on the recent stock market sell-off. Andrea called out the key S&P 500 Index (SPX) moving average to watch this week, and explained why a close south of this trendline could mean heightened risk for bulls. She also weighed in on the round of "death crosses" on the Street, and explained why traders shouldn't put too much stock in this ominous-sounding technical indicator.

To watch the full segment, click on the video player below. And to stay up to date with all of our latest market insights as they break, make sure you're on the list for free email delivery of our weekly Monday Morning Outlook column.

 

Dow, S&P at 3-week lows from CNBC.


a schaeffer's exclusive

5 NEW STOCK PICKS

We're celebrating 38 years with this FREE insider report!


 
 

Partnercenter


NEW! Explore Schaeffer’s Partners' deals and get connected to top online brokerages with deals tailored exclusively for our readers.  Get answers to your questions regarding transfer fees, commission rates, programs and available discounts related to online trading services.

MORE | MARKETstories


What's Next for the American Wealth Gap
Porter Stansberry is predicting a major change in the American economic system.
Weight-Loss Drug Data Lifts Vivus Stock Above 200-Day
One name is eyeing its biggest one-day percentage gain since last August
Analysts Grow Cautious on HPQ and FL Stocks Ahead of Earnings
Calls have remained popular on HPQ, however
IRA/401K Investment Guide: 2019 Stock Market Crash
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis.