Sunday, May 5, 2024

New Highs Continue in the Stock Market as AI Boom Widens

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Stocks keep rallying as investors look for the AI boom to drive earnings and the broader economy. The S&P 500 rose 0.9 percent between Friday, February 23, and Friday, March 1. The index closed above...

Money Shifts to Emerging Markets With Stocks Back Near Record Highs

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Stocks inched higher again last week as investors focused on companies that will benefit from the global pandemic easing. The S&P 500 rose 0.6 percent between Friday, May 28, and Friday, June 4. Buyers focused...

Cloud IPO Available to TradeStation Clients

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A cloud-computing IPO could be coming your way, if you act fast. Software company SolarWinds (SWI) is going public this week, and we've just learned it will be available on our partner ClickIPO. As many clients...

Options Traders May Think Carnival Will Keep Sailing Higher

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Carnival is the top-performing member of the S&P 500 in June, and one big options trader may think it will keep sailing over the summer. Check out this unusual options activity yesterday in the cruise-ship...

What Just Happened to Airlines?

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Delta Air Lines (DAL) got a mention on yesterday's Market Action segment, and today it's hitting turbulence. Sure, management announced that it carried a record 15.2 million passengers in September. It also set new high-water marks...
Stock Market Rally Continues as the Economy Keeps Improving

Stock Market Rally Continues as the Economy Keeps Improving

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Stocks began December on a strong foot as the economy improved and worries about global trade eased The S&P 500 rose 0.2 percent between Friday, November 29, and Friday, December 6. It was the eighth...

Don’t Forget About Mexico

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Everyone's focused on China, but don't forget about Mexico. That was a message on this week's Market Action webinar, and so far it's been playing out. In case you missed it, officials on both sides of...
'Risk On' Sectors Lead as Stocks Try to Break Out

‘Risk On’ Sectors Lead as Stocks Try to Break Out

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Investors are favoring riskier parts of the market as the S&P 500 tries to break out to new highs. Semiconductors, industrials, banks, energy and materials have each gained at least 2 percent in the last...
Bears Still Proliferating, and Not Just Because of Tariffs on China

Bears Still Proliferating, and Not Just Because of Tariffs on China

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Sentiment has swung sharply bearish this week. President Trump's tariffs on China are a big part of the story, but health care's another major culprit. The biggest decliner in the S&P 500 today, for instance,...

Chart of the Day: Mega Candle in Johnson & Johnson

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Johnson & Johnson is often a dull stock, but it had some exciting price action yesterday. The health care giant dropped 1 percent in the initial seconds of trading, undercutting Friday's low. Buyers immediately came...
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