Chart analyst: Bet on at least an 8 percent pullback for stocks [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
show chapters Technical analyst Carter Worth of Cornerstone Macro said he expects further declines after Friday's stock market drop. Worth pointed to a trendline from the market's lows in 2016 that stocks have since tested and held above. To reach that line, Worth said, the S&P 500 would have to fall 222 points, or 7.7 percent from its all-time high hit last Friday of 2,872.87. That is a very reasonable thing to, I would say, bet on, Worth said Friday on CNBC's Fast Money . Whether it happens Monday or whether it happens over time, or whether it takes a long time, I think we can make an assumption that an intermediate high was made. A 222-point decline in the S&P 500 would take the benchmark index to 2,650.87, 4 percent below Friday's close. The S&P 500 dropped more than 2 percent Friday in its worst day since September 2016 as Treasury yields rose and traders worried about interest rates rising too quickly. The U.S. 10-year Treasury yi
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CMCSA
Earnings
- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website