Tuesday, March 19, 2024

Chart of the Day: Caterpillar Could Be Holding an Uptrend

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Caterpillar broke out to new highs a month ago, and now some traders may think an uptrend is in place. The first pattern on today’s...

Nvidia’s AI Surge Lifts Stocks as Market Breadth Widens

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Nvidia and the AI boom keep driving stocks to new highs. Still, a long-awaited shift toward smaller companies may be starting. The S&P 500 rose...

Stocks Pause as Earnings Pass and Inflation Rises

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Stocks just paused as a blistering earnings season nears its conclusion. The S&P 500 slid 0.4 percent between Friday, February 2, and Friday, February 9....

Chart of the Day: Will Goldman Sachs Get Going?

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Goldman Sachs has gone nowhere for two months, but some traders may look for that to change. The first pattern on today’s chart is the...

Stocks Cross Historic Level on Strong Earnings, Economic Data

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Stocks continue their advance into record territory as earnings beat estimates and recession fears melt away. The S&P 500 rose 1.4 percent between Friday, February...

Microsoft and Toyota Break Out as Apple and Tesla Stall

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Apple and Tesla have been two of the best performing large stocks for years. But now they may be falling behind two major rivals:...
Tesla, Apple Heavily Traded in August Before Stock Splits

Earnings Surprises, Strong Economy Push Stocks to Another Record High

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Stocks keep hitting new highs as strong megacap earnings and an accelerating economy draw money from the sidelines. The S&P 500 rose 1.7 percent...

Is Good News Priced In For Now? January Ends On a Weak Note

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Stocks rose for a third straight month in January, but some investors may worry most of the good news is priced in for now. The...

Netflix Leads Market to New Highs Before Fed Meeting

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The stock market set a new record last week, led by communication companies like Netflix, Comcast and Alphabet. The S&P 500 rose 1.1 percent between...

Stocks Break Out as AI Boom Fuels Tech Rally

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Stocks are breaking out to new highs as the Artificial Intelligence boom widens. The S&P 500 rose 1.2 percent in the holiday-shortened week between Friday,...
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