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Apple Inc is in danger of becoming such a large portion of the Standard & Poor’s 500 Index that some asset managers may be forced to sell shares due to concentration rules they employ. Apple may soon make up more than 5 percent of the market capitalization of the benchmark U.S. stock index, if the computer maker continues to appreciate at a [...]
The STOXX Europe 600 Index’s (SXXP Index) 50-day simple moving average crossed above the 200-day simple moving average on Aug. 8, forming a so-called Golden Cross. A Golden Cross signal occurs when the 50-day simple moving average crosses above the 200-day. This Golden Cross, and its popular bearish cousin the Death Cross, which occurs when the 50-day crosses below the 200-day, are signals used to help time entry [...]
