Sunday, May 19, 2024

Profits Could Jump How Much This Earnings Season?

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Earnings season begins today with Goldman Sachs and JPMorgan Chase. It could feature the strongest profit growth in half a generation. Analysts on average forecast a profit increase of 64 percent for the S&P 500,...

IPOs, iPhones and Fed Tapering: Stocks Enter the Home Stretch for 2021

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The U.S. economy took a hit last month, but investors may find new opportunities as they come back from the summer. A wave of initial public offerings (IPOs), changes in Federal Reserve policy and technology...

This Industry Is Holding Its Ground, Despite a Lot of Bad News This Week

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Homebuilder stocks are holding their ground, despite enduring a lot of bad news this week. First, Home Depot (HD) crashed after reporting unexpectedly weak same-store sales. The National Association of Homebuilders next announced that...

This Disruptor Is Moving Beyond Mobile After Helping Create Smart Phones: Do You Know...

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Even before coronavirus drove triggered heavy demand for electronic devices, chipmakers were booming. This month's mystery stock has been a key player in the semiconductor industry for over a generation. Like many technology firms, its...

Tesla Causes QQQ’s Worst Showing in a Generation: This Chart Shows the Dramatic Shift...

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The rotation away from large Nasdaq stocks like Tesla has intensified, resulting in the market's biggest divergence since the dotcom bubble broke a generation ago. Here's a weekly chart of the Invesco QQQ Trust (QQQ)....

Apple Could Be Squeezing Toward a Breakout With New Features Unveiled at WWDC

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Apple has been a frustrating stock for most of the year, but now it may be squeezing toward another rally. The first pattern on today's chart is its super-tight Bollinger bandwidth, which yesterday was the...

Options Traders Are Looking for This Satellite Radio Stock to Blast Off

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Sirius XM has gone nowhere for years, but now bullish options trades are building as the satellite-radio company partners with TikTok. Call volume has climbed steadily in the last week, according to TradeStation data. Today's...

Market Pulse: Strongest Housing Numbers Since the Last Boom

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Housing is running at its strongest levels since the summer of 2006, according to numbers today. Here's today's report from the Commerce Department: December housing starts totaled 1.669 million (annualized). That beat the 1.56 million...

Amazon.com Could Be Preparing for a Breakout: Technical Analysis

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Amazon.com has consolidated since last August. Now it may be ready for a breakout, especially with the Nasdaq leading again. Friday’s close of $3,510.98 was AMZN’s second-highest close ever. It was also the highest close...

Stocks Crash as Inflation Runs Hot. Has Powell Lost Control?

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For months, Jerome Powell told investors not to worry about inflation. Today they started doubting his advice. The Bureau of Labor Statistics reported this morning that consumer prices rose 4 times faster than expected in...
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