Thursday, May 16, 2024

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...

Federal Reserve Gives No Sign of Relenting in Battle Against Inflation

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The Federal Reserve is giving markets no relief in its battle against inflation. Aside from hiking interest rates by 75 basis points, as expected yesterday, the central bank increased its guidance. Policymakers indicated that their...

Historic Turmoil Slams Credit Suisse. Here Are the Key Facts

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Credit Suisse has taken a wild ride as investors worry about the iconic European lender. The Zurich-based investment bank's U.S.-listed shares began the week by knifing to a record low of $3.71, 75 percent below...

Stocks Jump as Evidence Mounts That the Fed Is Done Hiking Rates

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Stocks just exploded higher on hopes that the Federal Reserve is done hiking interest rates. The S&P 500 rose 5.9 percent between Friday, October 27, and Friday, November 3. It was the biggest weekly gain...

Stocks Pause Near Record Highs Before Inflation, Earnings

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Stocks are pulling back as traders wait for key inflation data and the start of earnings season. The S&P 500 fell 1.5 percent in the holiday-shortened period between Friday, December 29, and Friday, January 5....

Options Strategies for Earnings Season and Other Events

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Quarterly earnings and other important events have the potential to trigger sudden moves in stock prices. Call and put options can help investors manage the risk of these catalysts by positioning for directional moves...

Stocks Hold Tight Range Following Major Inflation Report: Market Trends

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 holds middle of range near June high 2nd consecutive inside week RSI in middle of range Treasury yields potentially near peaks...

Range Potentially Forms as New Month Begins: Market Trends This Week

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 Potential short-term range on S&P 500: 5057: 2/27 low 5127: 3/4 low of 5127 Potential "shooting star" on Monday Potential risks: First outside week...

Chip Selloff Hammers Growth Stocks. Is the AI Boom Over?

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Chip stocks like Nvidia led the market to new highs last earnings season. The opposite could be happening this time. The Philadelphia Semiconductor Index fell 9.2 percent between Friday, April 12, and Friday, April 19....

Rate Fears and Bank Failures Have Sent The Stock Market on a Wild Ride

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Stocks are making wild moves as investors pivot from worries about rate hikes to bank failures. The S&P 500 dropped 4.5 percent between Friday, March 3, and Friday, March 10. It was the biggest weekly...
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