Breaches Of Support Get More Serious; Amazon.com, Nutanix, Nucor In Focus

The S&P 500 and Nasdaq saw more serious breaches of their 50-day moving averages, but they’re still holding above the Aug. 29 low of the follow-through day. Amazon.com is showing leadership among the FANG stocks as it bounced from its 50-day line, Nutanix is holding its earnings gap gains, and Nucor is tightening up after a long deep base.

Learn more about your ad choices. Visit megaphone.fm/adchoices