Tuesday, October 01, 2019 1:44:11 PM
The market is hanging by a thread after the ISM index showed a major contraction in the economy today. Microsoft (MSFT) is worth over $1 trillion and can arguably dictate the price action in the whole market. Therefore, if Microsoft breaks an epic trend line around $137.00, it will likely tumble to $130, then $120, taking the whole market down as much as 10% near-term. Watch this level on a daily closing basis. Note the chart below.
Gareth Soloway
InTheMoneyStocks
Recent MSFT News
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
