Thursday, April 25, 2024

Pharmaceutical Giant Rallies and Pulls Back. Check out this Technical Analysis.

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Pfizer has bounced in March after two negative months, and now it's having a quick pullback. The first pattern on today's chart is the 50-day moving average, which PFE recently crossed above. Other times the...
Fubo Could Be Emerging as the Next Sports Betting Stock

Fubo Could Be Emerging as the Next Sports Betting Stock

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Two big sports betting stocks emerged last year. Now a third may be joining the club: Fubo TV. Activity has surged in the streaming-video company lately. As this chart shows, average stock volume has increased...
Harpoon Going Public as Market Waits for Uber IPO

Cybersecurity, Business Apps, Medical Software: Recent IPOs Are Pulling Back With the Market

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Initial public offerings (IPOs) have been active lately as new technology companies come to market. Several names are pulling back along with the S&P 500 yesterday, which may create opportunities for investors. Many of these...

Options Alert: Call Buyer Gives Chinese Tech Stock More Time for a Potential Move

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Chinese technology stocks jumped last week, and one big options trader is targeting a former high flier. Check out this unusual options activity in Shanghai-based e-commerce company Pinduoduo (PDD): A block of 15,000 April 50 calls...
Stocks Are Snoozing as the Dog Days of Summer Begin

Stocks Are Snoozing as the Dog Days of Summer Begin

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Stocks drifted higher last week as investors nibbled on lagging sectors. Still, activity is slowing as the summer lull begins. The S&P 500 rose 0.6 percent between Friday, August 7, and Friday, August 14. It...

Stocks Show Some Positives Despite Geopolitics Creating Historic Uncertainty for Investors

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Stocks remain under pressure as the Ukraine crisis roils the global economy, spreading uncertainty at a key time in the post-pandemic recovery. Still, some positives have emerged. The S&P 500 dropped 1.3 percent between Friday,...
Twitter Leads the S&P 500 on Signs of Major Advertising Gains

Twitter Steals the Show This Week on Signs of Advertising Breakthroughs

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Twitter is having its best week in six years as its advertising business finally starts to gain traction. Twitter (TWTR) is up 27 percent since Friday, February 5. That makes it the best-performing member of...
These Were the Most Active Symbols at TradeStation Last Month

Twitter Jumps Into TradeStation’s Top 10, Thanks to Elon Musk’s Takeover

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Advanced Micro Devices remained the busiest symbol at TradeStation Securities in April as quarterly results approach. The semiconductor stock plans to report earnings on Tuesday, May 3, after the closing bell. The shares have been...

CME Launches Micro Crude Oil Futures With Energy Challenging Multiyear Highs

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Investors just got a new tool for trading energy as prices surge: micro contracts on CME's Group's WTI crude oil futures. The new product began trading last night under the symbol root "MCL." It will...

Growth Stocks Regain the Lead as Investors Embrace a Dovish Fed

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Most of 2021 has focused on value stocks as the economy reopening from coronavirus, but last week investors returned to growth. The S&P 500 rose 0.4 percent between Friday, June 4, and Friday, June 11....
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