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Follow this list to discover and track stocks that have set MACD bearish crosses within the last week. A bearish crossover occurs when the MACD turns down and crosses below the signal line. Our algorithms use 12,26,9 as MACD parameters. This list is generated daily, ranked based on market cap and limited to the top 30 stocks that meet the criteria.
It’s a quiet week for earnings, with the only major releases coming from Adobe and Costco. CBS will host its twice-postponed annual shareholder meeting.
American companies have been crucial in helping Huawei Technologies Co. become the world’s dominant telecommunications player. Inc. are top suppliers of Huawei, which buys their components to make equipment such as base stations and routers and Huawei mobile phones. Qualcomm and Intel are also working with Huawei on its development of next-generation 5G technologies, a field in which the Chinese company’s aim to be a global leader has alarmed some in Washington.
The pattern began in September and has seen growth stocks punished disproportionately—with technology shares suffering some of the worst carnage. Included in that group are a number of market leaders that recently reported beats on revenue and earnings, along with raised forward guidance. Among the tech and communications-services leaders that have topped profit forecasts and boosted guidance are (NFLX) (ticker: NFLX), (PANW) (PANW), (CRM) (CRM), and (INTC) (INTC).
In the Austrian capital ministers from Opec members and their allies in what is often called the Opec+ group, including Russia and Kazakhstan, met to thrash out an agreement on how to maximise their revenues from the most-used fossil fuel, oil. In the Polish city, meanwhile, officials from about 195 countries, including the nations represented in Vienna, have been meeting to debate how the world should respond to the threat of catastrophic climate change created by the use of oil, coal and gas. In a sign of the careful handling needed to deliver the deal, the precise breakdown of the 1.2m barrels a day between countries was not revealed, although it was specified in the official communiqué that the cartel’s members would cut by 800,000 b/d and the non-Opec countries by 400,000 b/d.
Spoiler: That's never a good sign, and certainly not one in this case. Could it possibly be that Bud Light is losing relevance?
Jim Cramer flies through his responses to callers' stock questions, including one about the prospects for a drugmaker's stock.