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  • Look ahead for Thursday, September 21st

    Here's Myles Udland with a look ahead at what will be making headlines on Thursday.

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  • Apple Falls Below Key Level In Heavy Volume, But Is It A Sell Signal Or No?
    Business
    Investor's Business Daily11 hours ago

    Apple Falls Below Key Level In Heavy Volume, But Is It A Sell Signal Or No?

    Apple (AAPL) is falling nearly 2% in heavy volume, breaking below a significant technical level. With the breach of the 50-day line, that also puts Apple below a prior buy point at 156.75. But the key question here: Does Apple's action result in a sell signal? The short answer is that it depends on how the stock closes today, and whether you're a long-term or short-term shareholder. Apple was down 1.9% to 155.67 in afternoon trading in the stock market today, tumbling as low as 153.83 on Apple Watch connectivity concerns. Volume is more than double normal levels. If Apple closes below the 50-day, it could be seen as a sell signal for those that bought the stock at the 156.75 entry. But we need

  • Gold steady ahead of Fed policy decision
    Business
    Reuters16 hours ago

    Gold steady ahead of Fed policy decision

    Gold prices were steady on Wednesday, aided by a weaker dollar ahead of a U.S. Federal Reserve policy announcement at 1800 GMT that could signal whether it will raise interest rates for a third time this year. A threat by U.S. President Donald Trump to "totally destroy" North Korea also helped to push the dollar lower while stimulating demand for gold, seen as a safe investment in times of uncertainty. Spot gold was flat at $1,311.21 an ounce by 1345 GMT, having hit a 2-1/2 week low on Monday at $1,304.10.

  • Stocks Follow Apple Post-Fed; Big-Dividend Tech In Buy Range?
    Business
    Investor's Business Daily12 hours ago

    Stocks Follow Apple Post-Fed; Big-Dividend Tech In Buy Range?

    Key U.S. index funds were lower Wednesday after the Fed held rates steady, as expected, and said it would start trimming its balance sheet by October. XAutoplay: On | OffPowerShares QQQ Trust (QQQ) sank 1%, SPDR S&P 500 (SPY) fell 0.4% and SPDR Dow Jones Industrial Average (DIA) gave up 0.2%. Apple (AAPL) weighed with a 2% drop, which put the iPhone maker back below a 156.75 buy point as it breached its 50-day moving average. Oil funds led the upside as West Texas intermediate crude prices surged 2% to $50.43 a barrel. SPDR S&P Oil & Gas Exploration & Production (XOP) rose 2% and VanEck Vectors Oil Services (OIH) added 1.4%. United States Oil (USO) and PowerShares DB Oil (DBO) rose nearly 1%