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The latest news at your fingertips
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Chart of the Day: Amazon.com May Be Overbought
by David Russell on August 27, 2024 at 1:20 pm
Amazon.com has rebounded from a drop, but some traders may think the e-commerce giant will give back some of its recent gains. The first pattern on today’s chart is the $181.87 level. It was the low immediately before earnings came out and represented the approximate high last week. Has old support become … For more, The post Chart of the Day: Amazon.com May Be Overbought appeared first on Market Insights.
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Stocks Rebound Sharply as Good News Punishes the Bears
by David Russell on August 19, 2024 at 7:00 am
Stocks just had their best week of the year as a string of good news erased worries about a recession. The S&P 500 rose 3.9 percent between Friday, August 9, and Friday, August 16. It was the biggest gain since early November. Major growth stocks like Nvidia (NVDA), Amazon.com (AMZN) and Tesla (TSLA) powered the The post Stocks Rebound Sharply as Good News Punishes the Bears appeared first on Market Insights.
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Stocks Have Been Volatile, But Does the News Get Better From Here?
by David Russell on August 12, 2024 at 7:00 am
Historic volatility hit the stock market last week, but attention could soon turn to a series of upcoming catalysts. Some of them may be viewed positively — especially after last week’s big recovery. The S&P 500 was down as much as 4.3 percent the morning of Monday, August 5. But it clawed back to end The post Stocks Have Been Volatile, But Does the News Get Better From Here? appeared first on Market Insights.
*Statistics provided by S3 Matching Technologies LP, an independent company that is not affiliated with TradeStation Securities Inc. Data shown for 2023 calendar year.
**As of March 31, 2023 based on an annual calculation using internal TradeStation customer service data. Statistical outliers (including erroneous calls and disconnected lines) have been removed to provide a better representation of a typical customer experience.
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