Wednesday, May 8, 2024

Housing Stocks Have Crashed — Just in Time for Mortgage Rates to Come Back...

0
Housing stocks rallied in early 2021 as Americans scrambled for new homes. Now they pulled back dramatically as lumber prices tumble and mortgages get more affordable. The chart below the Philadelphia Housing Index ($HGX) with...

Consumer Stocks Get a Boost from Amazon Prime Day, Plus Reopening and the Start...

0
Amazon Prime Day set records again this month, and more companies than just Amazon.com could benefit. Sales were estimated at $11 billion, up from $10.4 billion last year. Excitement around the event lifted AMZN back...

This Sporting Goods Stock Is Starting to Run: Technical Analysis

0
Dick's Sporting Goods has been running. Now, after a brief pause, it may be ready to keep moving. The first interesting pattern on the daily chart is the price gap on May 26, which DKS...

Stocks Roar Back From Pullback, Fueled by Economic Surge and Consumer Rebound

0
Stocks rebounded hard last week as investors kept their faith in the economy reopening and strong consumer demand. The S&P 500 rose 2.7 percent between Friday, June 18, and Friday, June 25. It was the...

Facebook Joins the Trillion Dollar Club as Fear Bubble Melts and Ad Revenue Piles...

0
Facebook's market capitalization just rose above $1 trillion, making it the fifth member of an elite club in the U.S. stock market. FB surged 4.2 percent, adding $40 billion of valuation. It closed at a...

Profits Could Jump How Much This Earnings Season?

0
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,...

This Key Part of the Technology Sector Could Be Flashing Warning Signs: Chart of...

0
Semiconductors have been a key pillar of the S&P 500’s advance since 2016, and now they may be flashing a warning signal for the overall market. This chart of the Philadelphia Semiconductor Index shows how...

This Footwear Company Is Growing Like Never Before. Can You Guess August’s Mystery Stock?

0
Many companies spend a fortune trying to achieve brand identity and customer loyalty. But that was never a problem for this month's mystery stock. Its story began early this century in Boulder, Colorado, where three...

Climbing a Wall of Worry, Stocks Just Did Something Highly Unusual

0
The S&P 500 just did something highly unusual: It had two consecutive "outside days." That's when prices make a lower low and a higher high than the previous session. It's often considered a reversal pattern,...

Investors Move Back to Cyclicals, Looking for a Hotter Economy Into Yearend

0
Another rotation toward value stocks could be underway as investors look for a stronger economy into yearend. Financials, industrials and materials have gained momentum in the last week. (The key tracking ETFs for all three...
- Advertisement -
Trade in milliseconds

Explore the most actively traded options

Trade 600+ futures products on an advanced platform

MUST READ