Tuesday, April 23, 2024

Sleepy Action in Bitcoin Persists

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Summary Investors around the world continue to focus on the latest Covid-19 numbers.Global monetary policy sees little change.Bitcoin (BTC) picked up where it left off last week and traded in a sideways manner. Bitcoin (BTC) traded...
Bull in ring

Bulls Regain Footing Above Key Level

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Stocks rebounded last week as the bulls regained their footing at a key level. The S&P 500 rose 1.2 percent between Friday, September 7, and Friday, September 14. It was the biggest weekly gain in...

Semiconductors and Apple Just Led the S&P 500 to its Best Year Since 2013

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Last year was dominated by technology trades as investors returned to their favorite corner of the stock market. Let's review some of the biggest movers. First of all, semiconductors ripped higher as orders rebounded. The...

Another Wild Ride as Stocks Keep Climbing

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Stocks kept climbing last week, but it wasn't a smooth ride. The S&P 500 rose 2.1 percent between Friday, November 2, and Friday November 9. The index swung wildly as it tested a key level...
5G, Chinese Stocks and the Bull Market Goes Mainstream? Some Things to Watch in 2020

5G, Chinese Stocks and the Bull Market Goes Mainstream? Some Things to Watch in...

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A new decade just started. While history might not always follow neat chapters, the stock market does have phases. Let's consider some potential trends that could develop over the course of 2020. Bull Market 'Goes...
Is a Breakout Coming? S&P 500 Takes Off Near a Key Level

Is a Breakout Coming? S&P 500 Takes Off Near a Key Level

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Stocks took off last week as investors look for the coronavirus crisis to fade. The S&P 500 rose 3.2 percent between Friday, May 15, and Friday May 22. The index is back to its highest...

Another Week, Another Gain for Stocks

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The U.S. bull market's winning run continued last week as the S&P 500 broke out to new highs. The index rose 0.9 percent between Friday, August 24, and Friday, August 31 -- its eighth gain...

WTI Crude Oil: Futures Contract of the Week

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When people think about "commodities," few items spring to mind faster than crude oil. Let's consider a major way to trade it: Nymex WTI crude oil futures. These contracts track the oil most commonly produced...
Stocks Nearly Erase Covid Losses as Economy Roars Back

Stocks Nearly Erase Covid Losses as Economy Roars Back

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Strong economic data propelled stocks higher last week, nearly erasing the entire coronavirus decline. The S&P 500 surged 4.9 percent between Friday, May 29, and Friday, June 7. It was the third straight positive week,...
Stocks Break Out to New Highs as One Fear After Another Melts Away

Stocks Break Out to New Highs as One Fear After Another Melts Away

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Stocks broke out to new highs last week as economic and trade fears evaporated, drawing naysayers back to the market. The S&P 500 rose 1.5 percent between Friday, October 25, and Friday, November 1. It...
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