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BusinessThe Street•13 hours agoAmazon Has the Worst-Looking Chart on the Planet
From a technical perspective, there isn't a whole lot more that could be going wrong on the Amazon (AMZN) weekly chart. A cluster of bearish indications in time and price have weighed on the stock the last several months. Key support in the $950 area is breaking down at this point in the Monday session. That could trigger an intermediate-term move that could take the stock down 20% from its July high. Let's catalog the technical damage and look for potential areas of support on the downside. View Chart » View in New Window » Amazon had been trading in a rising triangle pattern for the last two years and last week a bearish engulfing candle formed that broke the triangle uptrend line on a closing
- BusinessMarketWatch•19 hours ago
The most sought-after job in America pays $110,000 a year — if you have this skill
As companies try to understand consumer behavior, data scientists are in high demand. Boasting a median base salary of $110,000 and a job-satisfaction score of 4.4 out of 5, data scientist was ranked No. 1 on the “Best Jobs in America” list in 2016 and 2017 based on the number of job openings, salary and overall job satisfaction. It was followed by devops engineers ($110,000 a year) — which combines development, testing and operations — data engineers ($106,000 a year), tax managers ($110,000 a year) and analytics managers ($112,000 a year). And the No. 1 skill most in demand for data scientists? The programming language Python (sought after in 72% of Glassdoor job postings), followed by R (64%),
BusinessThe Street•7 hours agoWhat a Merged Sprint and T-Mobile Would Look Like
Sprint (S) Chairman Masayoshi Son has had his eye on T-Mobile (TMUS) for five years or more, and could finally realize his goal of creating a revved up competitor to AT&T (T) and Verizon (VZ) . The carrier might bear a stronger resemblance to T-Mobile than to Son's Sprint, however. "I would look at is almost as a super T-Mobile that is within striking distance of AT&T and Verizon," said Roger Entner of wireless consultancy Recon Analytics. "Knowing [T-Mobile CEO] John Legere's mantra of 'we will not stop' I don't think he would relent." T-Mobile parent Deutsche Telekcom AG reportedly aims to have control of the merged company. If it ends up with control, Entner says to expect the surviving telecom
