Monday, April 29, 2024

This Food Stock Broke Out to New Highs. Now It’s Pulled Back

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General Mills has been a slow mover for years, but the Cheerios maker has gotten more interesting lately. The main pattern on today’s chart is the June 29 rally above $73. That was not only...

Attention Amazon Traders! Check Out This Chart

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Amazon.com has declined along with the broader Nasdaq-100. But other consumer-facing companies have fared much better. The chart below compares AMZN with competing retailers. It uses percentage-change charts with a six-month interval. Notice how the...

Stocks Begin New Year With a Bang as Inflation Slows

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Stocks rallied to start the New Year as investors looked for inflation to ease and the Federal Reserve to stop raising interest rates. The S&P 500 rose 6.2 percent in January, its best monthly performance...

Options Alert: Two Giant Trades In Uber Technologies

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Uber Technologies has been steadily trending higher, and options traders seem to think the move will continue. Two large transactions appeared in the ride-sharing stock yesterday. Both were bullish, although one involved significant risk and...

Futures 101: The Difference Between Trading Stocks and Futures

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Not well-versed in the futures market? Scared about a new kind of advanced product? Here are some basic points to get started. Futures are different from traditional stocks and exchange-traded funds (ETFs) because they track...

Is a Reversal Coming? Rate of Change Can Help Spot Turns in the Stock...

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Not all price moves are created equal. Today we'll explore a common tool for judging the strength of a rally or decline: the rate of change indicator. Rate of change shows the percentage change over...

Stocks Test Support as Blue Chips Take Leadership From Big Tech

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Stocks are testing support as the venerable Dow Jones Industrial Average takes leadership from newer technology companies. The 138-year-old benchmark rose 0.7 percent between Friday, August 4, and Friday, August 11. The Nasdaq-100, on the...

Stocks Muscle Higher as Rate Hike Looms and Earnings Stream In

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Stocks are muscling higher before one of the busiest weeks of the year, packed with key earnings and a major Federal Reserve meeting. The S&P 500 rose 2.5 percent between Friday, July 15, and...

Health Care Leads New Highs as the Stock Market Recovers

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Something new happened in the stock market yesterday following a month of steady gains: some names are breaking out. Twenty three members of the S&P 500 made new 52-week highs on Monday. That was the...

Investors Survive a Turbulent October, Shifting to New Stocks as Interest Rates Climb

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Stocks held their ground during a turbulent October as investors focused on new areas that could lead in the market's next cycle. The S&P 500 rose 8 percent, advancing for the first time in three...
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