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  • Amazon Has the Worst-Looking Chart on the Planet
    Business
    The Street

    Amazon 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

  • The most sought-after job in America pays $110,000 a year — if you have this skill
    Business
    MarketWatch

    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%),

  • Passive investing is changing the stock market in ways investors don’t realize
    Business
    MarketWatch

    Passive investing is changing the stock market in ways investors don’t realize

    The massive adoption of passive products, particularly exchange-traded funds, is having a pronounced impact on the stock market, but in ways that may not be apparent to the average investor, according to Goldman Sachs. “One unintended consequence from the relentless inflow of passive is the liquidity profiles of stocks—even those with related fundamentals—now look vastly different,” wrote Goldman analysts led by options strategist Katherine Fogertey, in a note to clients. Passive products allow investors to hold all the components of an index like the Russell 2000 RUT, +0.06% owning the same securities it does, and in the same proportions. That’s in contrast to actively managed funds, where the