{"id":483777,"date":"2022-08-12T13:49:00","date_gmt":"2022-08-12T10:49:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/"},"modified":"2022-08-12T13:49:00","modified_gmt":"2022-08-12T10:49:00","slug":"need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/","title":{"rendered":"#Need to Know: It\u2019s a Tom Jones rally but it may be overbought, say analysts"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a40ee591810c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a40ee591810c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/#%E2%80%9CNeed_to_Know_Its_a_Tom_Jones_rally_but_it_may_be_overbought_say_analysts%E2%80%9D\" >&#8220;Need to Know: It\u2019s a Tom Jones rally but it may be overbought, say analysts&#8221;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/#Critical_information_for_the_US_trading_day\" >Critical information for the U.S. trading day<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/#Markets\" >Markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/#The_buzz\" >The buzz<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/#Best_of_the_web\" >Best of the web<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/#The_chart\" >The chart<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/#Top_tickers\" >Top tickers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/#Random_reads\" >Random reads<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/buradabiliyorum.com\/en\/need-to-know-its-a-tom-jones-rally-but-it-may-be-overbought-say-analysts\/#Jamie_Chisholm\" >Jamie Chisholm<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CNeed_to_Know_Its_a_Tom_Jones_rally_but_it_may_be_overbought_say_analysts%E2%80%9D\"><\/span>&#8220;Need to Know: It\u2019s a Tom Jones rally but it may be overbought, say analysts&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Critical_information_for_the_US_trading_day\"><\/span>\n  Critical information for the U.S. trading day<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div id=\"cx-next\" data-nosnippet>\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0001104320\" role=\"document\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"\n                inline\" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetArticleReader\n              \n              inline\n  article__inset\n          article__inset--type-InsetArticleReader\n              article__inset--inline\n  \"><\/p>\n<div class=\"media-object-article-reader\">\n<div class=\"audioplayer\" data-sbid=\"WP-MKTW-0001104320\" role=\"region\" aria-label=\"Listen to Article\" tabindex=\"-1\" id=\"articlereader\" data-show-title=\"false\" data-theme=\"wsj-article-reader\" data-show-header=\"false\" data-show-subscribe=\"false\" data-ads-enabled=\"true\" data-save-publication=\"false\">\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       The latest action in stocks may be a concern for the bulls. The S&amp;P 500\u2019s initial surge on Thursday to fresh three-month highs fizzled as the session wore on. The \u201cpeak inflation rally\u201d faded.<\/p>\n<p> Futures early on Friday are firmer again, but inevitably there are some observers still wary of the recent bounce.<\/p>\n<div class=\"paywall\">\n       \u201cObviously, a bear market rally, and a sustainable recovery are similar at the start. We must see consolidation to call the end of the year-to-date bear market,\u201d says Ipek Ozkardeskaya, senior analyst at Swissquote Bank.<\/p>\n<p>The good <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> for bulls is that this is a Tom Jones rally, as in his famous song: \u201cIt\u2019s not unusual.\u201d<\/p>\n<p>Specifically, there is nothing superlative about the market\u2019s, notably the Nasdaq\u2019s,  resurgence off its mid-June trough, suggests Bespoke Investment Group.<\/p>\n<p>\u201cThe 20% rally\/decline threshold is the most commonly used to define bull and bear markets\u2026.The Nasdaq Composite reached the 20% rally level on a closing basis [on Wednesday], which ended the bear market for the index that began on November 19th, 2021,\u201d Bespoke writes in a note.<\/p>\n<p>\u201cWhat is most striking about the just-ended Nasdaq bear market is just how <em>average<\/em> it was. From peak to trough, the Nasdaq fell 33.7% over 209 calendar days from November 19th, 2021 to June 16th, 2022. The average bear market since 1970 has seen the index fall 35.5% over 201 calendar days,\u201d Bespoke adds.<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:73.57142857142858%;\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-602811?width=540&amp;size=1.3588110403397027 540w, https:\/\/images.mktw.net\/im-602811?width=620&amp;size=1.3588110403397027 620w, https:\/\/images.mktw.net\/im-602811?width=639&amp;size=1.3588110403397027 639w, https:\/\/images.mktw.net\/im-602811?width=700&amp;size=1.3588110403397027 700w, https:\/\/images.mktw.net\/im-602811?width=700&amp;size=1.3588110403397027&amp;pixel_ratio=1.5 1050w, https:\/\/images.mktw.net\/im-602811?width=700&amp;size=1.3588110403397027&amp;pixel_ratio=2 1400w, https:\/\/images.mktw.net\/im-602811?width=700&amp;size=1.3588110403397027&amp;pixel_ratio=3 2100w\" sizes=\"(max-width: 639px) 100vw, (max-width: 979px) 620px, (max-width: 1299px) 540px, 700px\" src=\"https:\/\/images.mktw.net\/im-602811?width=700&amp;height=515\" alt=\"\" title=\"\">\n      <\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n          <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            Source: Bespoke Investment Group<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/p><\/div>\n<p>       Technical factors, however, may be a red flag, at least in the short term. The 14-day relative strength index for S&amp;P 500 futures on Friday morning was just above 75, according to CMC Markets, signaling the underlying market is in overbought territory. Similarly, the RSI for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le<br \/>\n        AAPL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202934861\/composite\" class=\"negative\">-0.44%<\/bg-quote><span>,<\/span><br \/>\n       the stock with largest S&amp;P 500 weighting, was 74.<\/p>\n<p>Meanwhile, Nicholas Colas, co-founder of DataTrek Research, notes that the recent move lower in the CBOE Vix<br \/>\n        VIX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598281\/delayed\" class=\"positive\">+0.05%<\/bg-quote><br \/>\n       to its long-run average of 20, normally a sign of calmer markets, has not been accompanied by the expected reduction in correlations between stock sectors.<\/p>\n<p>High correlations between sectors such as large cap tech, communication services, consumer discretionary, financials, and health care are usually a sign of a stressed market.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:59.285714285714285%;\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-602812?width=540&amp;size=1.686429512516469 540w, https:\/\/images.mktw.net\/im-602812?width=620&amp;size=1.686429512516469 620w, https:\/\/images.mktw.net\/im-602812?width=639&amp;size=1.686429512516469 639w, https:\/\/images.mktw.net\/im-602812?width=700&amp;size=1.686429512516469 700w, https:\/\/images.mktw.net\/im-602812?width=700&amp;size=1.686429512516469&amp;pixel_ratio=1.5 1050w, https:\/\/images.mktw.net\/im-602812?width=700&amp;size=1.686429512516469&amp;pixel_ratio=2 1400w, https:\/\/images.mktw.net\/im-602812?width=700&amp;size=1.686429512516469&amp;pixel_ratio=3 2100w\" sizes=\"(max-width: 639px) 100vw, (max-width: 979px) 620px, (max-width: 1299px) 540px, 700px\" src=\"https:\/\/images.mktw.net\/im-602812?width=700&amp;height=415\" alt=\"\" title=\"\">\n      <\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n          <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            Source: DataTrek<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/p><\/div>\n<p>\u201cThe VIX close at 20 today is promising something stocks have not yet actually delivered, namely a healthy decoupling of sector price action from the overall market,\u201d says Colas.<\/p>\n<p>\u201cWe have had a standing recommendation all year to consider buying stocks when the VIX gets around 36 (2 standard deviations from the mean) and lighten up when it gets close to 20. We are at the latter point now. As much as we remain bullish, stocks look overextended here,\u201d he concludes.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Markets\"><\/span>Markets<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:66%;\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-602836?width=540&amp;size=1.5165876777251184 540w, https:\/\/images.mktw.net\/im-602836?width=620&amp;size=1.5165876777251184 620w, https:\/\/images.mktw.net\/im-602836?width=639&amp;size=1.5165876777251184 639w, https:\/\/images.mktw.net\/im-602836?width=700&amp;size=1.5165876777251184 700w, https:\/\/images.mktw.net\/im-602836?width=700&amp;size=1.5165876777251184&amp;pixel_ratio=1.5 1050w, https:\/\/images.mktw.net\/im-602836?width=700&amp;size=1.5165876777251184&amp;pixel_ratio=2 1400w, https:\/\/images.mktw.net\/im-602836?width=700&amp;size=1.5165876777251184&amp;pixel_ratio=3 2100w\" sizes=\"(max-width: 639px) 100vw, (max-width: 979px) 620px, (max-width: 1299px) 540px, 700px\" src=\"https:\/\/images.mktw.net\/im-602836?width=700&amp;height=462\" alt=\"\" title=\"\">\n      <\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n      <\/figcaption><\/figure>\n<\/p><\/div>\n<p>S&amp;P 500 futures<br \/>\n        ES00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209948968\/delayed\" class=\"positive\">+0.29%<\/bg-quote><br \/>\n       rose 0.5% to 4,233 and Nasdaq 100 futures<br \/>\n        NQ00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210219788\/delayed\" class=\"positive\">+0.28%<\/bg-quote><br \/>\n       added 0.6% to 13,393. The dollar index<br \/>\n        DXY,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598269\/delayed\" class=\"positive\">+0.46%<\/bg-quote><br \/>\n       climbed 0.3% to 105.35 and the move pressured gold<br \/>\n        GC00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210034565\/delayed\" class=\"negative\">-0.28%<\/bg-quote><span>,<\/span><br \/>\n       which fell 0.3% to $1,802 an ounce. U.S. crude oil futures<br \/>\n        CL.1,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/211629951\/delayed\" class=\"negative\">-1.47%<\/bg-quote><br \/>\n       rose 0.2% to $94.57 a barrel and Bitcoin<br \/>\n        BTCUSD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/31322028\/realtime\" class=\"negative\">-2.32%<\/bg-quote><br \/>\n       lost 0.3% to $24,131.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"The_buzz\"><\/span>The buzz<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>A wave of Chinese companies, including PetroChina<br \/>\n        PTR,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205108732\/composite\" class=\"positive\">+1.81%<\/bg-quote><span>,<\/span><br \/>\n       China Life Insurance<br \/>\n        LFC,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206573290\/composite\" class=\"positive\">+2.32%<\/bg-quote><br \/>\n       and Sinopec<br \/>\n        SHI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208385578\/composite\" class=\"positive\">+0.50%<\/bg-quote><br \/>\n       have confirmed their intention to delist from the New York Stock Exchange,<\/p>\n<p>Shares in Illumina<br \/>\n        ILMN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203509482\/composite\" class=\"positive\">+0.06%<\/bg-quote><br \/>\n       are down 15% in premarket action after the gene-sequencing company revealed a second-quarter loss and revised down its full-year outlook in a report released after the closing bell on Thursday.<\/p>\n<p>Fading inflation fears were highlighted by data from Bank of America, which showed the longest weekly streak of investor outflows from TIPS funds since April 2020.<\/p>\n<p>The pound<br \/>\n        USDGBP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210562003\/realtime\/sampled\" class=\"positive\">+0.51%<\/bg-quote><br \/>\n       is the major underperformer in forex, slipping 0.5% versus the buck, after data showed the U.K. economy contracted 0.1% in the second quarter.<\/p>\n<p>The University of Michigan consumer sentiment survey is due for release at 10 a.m. Eastern.<\/p>\n<p>The House of Representatives is due to vote on the Inflation Reduction Act, the legislation approved in the Senate that is focused on climate change and prescription drug prices and also raises corporate taxes.<\/p>\n<p>President Donald Trump\u2019s legal team will have until 3 p.m. Eastern to object to the Justice Department\u2019s motion to release the search warrant.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Best_of_the_web\"><\/span>Best of the web<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/2821cf3a-ccaa-4dad-abbc-fc5c91ff8a0d\" class=\"icon none\">In praise of boredom<\/a><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/bursting-chinese-housing-bubble-compounds-beijings-economic-woes-11660235003?mod=hp_lead_pos5\" class=\"icon none\">China\u2019s busting housing bubble<\/a><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bbc.co.uk\/news\/business-62514970\" class=\"icon none\">A 950 basis point rate hike<\/a><\/p>\n<p>Walgreens is offering $75,000 to recruit pharmacists<\/p>\n<h6><span class=\"ez-toc-section\" id=\"The_chart\"><\/span>The chart<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>\u201cThe state of the consumer balance sheet is a key consideration in determining the severity of any economic slowdown,\u201d says Mizuho Securities. On this, the news is pretty good. \u201cThe bullish case for the state of the consumer is based on a major deleveraging in the consumer sector, so liabilities relative to disposable income are at 20-year low.\u201d<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:70.14285714285714%;\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-602788?width=540&amp;size=1.4253897550111359 540w, https:\/\/images.mktw.net\/im-602788?width=620&amp;size=1.4253897550111359 620w, https:\/\/images.mktw.net\/im-602788?width=639&amp;size=1.4253897550111359 639w, https:\/\/images.mktw.net\/im-602788?width=700&amp;size=1.4253897550111359 700w, https:\/\/images.mktw.net\/im-602788?width=700&amp;size=1.4253897550111359&amp;pixel_ratio=1.5 1050w, https:\/\/images.mktw.net\/im-602788?width=700&amp;size=1.4253897550111359&amp;pixel_ratio=2 1400w, https:\/\/images.mktw.net\/im-602788?width=700&amp;size=1.4253897550111359&amp;pixel_ratio=3 2100w\" sizes=\"(max-width: 639px) 100vw, (max-width: 979px) 620px, (max-width: 1299px) 540px, 700px\" src=\"https:\/\/images.mktw.net\/im-602788?width=700&amp;height=491\" alt=\"\" title=\"\">\n      <\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n          <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            Source: Mizuho Securities<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/p><\/div>\n<h6><span class=\"ez-toc-section\" id=\"Top_tickers\"><\/span>Top tickers<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p> Here were the most active stock-market tickers on MarketWatch as of 6 a.m. Eastern.<\/p>\n<table>\n<tbody>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Ticker<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Security name<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n        AMC,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200235402\/composite\" class=\"positive\">+7.56%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      AMC Entertainment<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n        GME,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203755179\/composite\" class=\"negative\">-2.66%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">Game<\/a>Stop<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n        TSLA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203558040\/composite\" class=\"negative\">-2.62%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Tesla<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n        BBBY,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209801102\/composite\" class=\"positive\">+1.14%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Bed Bath &amp; Beyond<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n        NIO,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/204905836\/composite\" class=\"positive\">+3.84%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Nio<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n        AAPL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202934861\/composite\" class=\"negative\">-0.44%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Apple<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n        BABA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/201948298\/composite\" class=\"positive\">+2.64%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Alibaba<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n        AMZN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210331248\/composite\" class=\"negative\">-1.44%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Amazon<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n        RIVN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/230726939\/composite\" class=\"positive\">+4.14%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Rivian<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n        BNGO,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208673493\/composite\" class=\"positive\">+12.67%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Bionano Genomics<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6><span class=\"ez-toc-section\" id=\"Random_reads\"><\/span>Random reads<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/of-course-the-d-c-zoo-has-its-own-police-force-so-does-the-bureau-of-engraving-and-printing-11660226472\" class=\"icon none\">Zoo police<\/a><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bbc.co.uk\/news\/world-europe-62469739\" class=\"icon none\">Pope runs Ireland after pint of Guinness<\/a><\/p>\n<p>Want to stay fresh? <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-11\/thinking-too-hard-really-can-make-you-tired-scientists-say?sref=acfjrZ8Z\" class=\"icon none\">Don\u2019t think about it<\/a>.<\/p>\n<p><strong>Need to Know starts early and is updated until the opening bell, but sign up here to get it delivered once to your email box. The emailed version will be sent out at about 7:30 a.m. Eastern.<\/strong><\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>    <span>By<\/span><\/p>\n<div class=\"author mobile-scrim hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Jamie Chisholm\",\"subhead\":\"The Wall Street Journal\",\"list\":[{\"type\":\"link\",\"icon\":\"bio\",\"url\":\"https:\/\/www.marketwatch.com\/topics\/journalists\/jamie-chisholm\",\"text\":\"Biography\"},{\"type\":\"link\",\"icon\":\"email\",\"url\":\"http:\/\/www.marketwatch.com\/news\/mailto:jamie.chisholm@marketwatch.com\",\"text\":\"jamie.chisholm@marketwatch.com\"}]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Jamie_Chisholm\"><\/span>Jamie Chisholm<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><ufc-follow-author-widget product=\"marketwatch\" author-id=\"273_MW\" author-name=\"Jamie Chisholm\" signin-url=\"https:\/\/accounts.marketwatch.com\/login?target=https%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fits-a-tom-jones-rally-but-it-may-be-overbought-say-analysts-11660301378%3Frss%3D1%26siteid%3Drss\" panda-api=\"https:\/\/follow-api.marketwatch.com\"><\/ufc-follow-author-widget><\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B20C06575-04D4-B545-710D-9C0B50B9FA70%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Need to Know: It\u2019s a Tom Jones rally but it may be overbought, say analysts&#8221; Critical information for the U.S. trading day The latest action in stocks may be a concern for the bulls. The S&amp;P 500\u2019s initial surge on Thursday to fresh three-month highs fizzled as the session wore on. The \u201cpeak inflation rally\u201d&#8230;<\/p>\n","protected":false},"author":1,"featured_media":483778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.mktw.net\/im-602844\/social","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-483777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/483777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=483777"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/483777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/483778"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=483777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=483777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=483777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}