Friday, July 26, 2024

Why Do Stocks Move? Learn 7 Catalysts That Drive Price Action in the Market

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The stock market includes thousands of companies in scores of industries and groupings. While they may go up and down for any reason any...

Bears Rejected: Nasdaq Reclaims Leadership on AI, Earnings Growth

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Strong earnings and optimism about rate cuts seem to be overpowering bearish news in the stock market. The S&P 500 rose less than 0.1 percent...

These AI Stocks Could Be Active With Nvidia Earnings Later Today

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Nvidia releases earnings today, and it could impact other stocks in the AI space. While per-share earnings are expected to increase about 8 percent from...

Chart of the Day: Exxon Challenges Short Term Resistance

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Exxon Mobil rallied in March and early April. Now, after a pullback, some traders may expect further upside. The first pattern on today’s chart is...

Stocks Break Out as Inflation Cools and China Steps In

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Stocks have broken out as inflation cools and China moves to support its ailing property market. The S&P 500 rose 1.5 percent between Friday, May...

Stock Gains Widen as Investors Hope for Lower Inflation

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Money is flowing back into stocks as investors hope for a better inflation report this week. The S&P 500 rose 1.9 percent between Friday, May...

Chart of the Day: Oracle May Have Found Support

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Oracle jumped to new highs almost two months ago. Now, after a pullback, the software giant may have found support. The first pattern on today’s...

AI Boom Fades as Fundamentals Weaken: Earnings Recap

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Most of the big earnings reports have now occurred, and so far they've done little to boost the market. Companies like Microsoft (MSFT), Meta Platforms...

Nasdaq Surges as Traders Buy the Dip Before Fed Meeting

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Stocks are rebounding as key earnings beat estimates and investors get comfortable with fewer rate cuts. The S&P 500 rose 2.7 percent between Friday, April...

Energy Stocks Pull Back But Are Still Leading This Year

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Energy stocks have led the market this year, and now they've pulled back. The S&P Select Energy SPDR fund (XLE) jumped to $98.97 last Friday...
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