Friday, July 26, 2024

Stocks Pull Back Before Inflation Data and Earnings Season

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Stocks began the second quarter with a pullback as investors worried about higher interest rates and geopolitical risk. The S&P 500 fell almost 1 percent...

Stocks Make a 3rd Monthly Record as Buyers Rotate Away from Growth

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Stocks hit a new record for the third straight month in March, but there was significant rotation away from growth names and technology The S&P...

Chart of the Day: Palantir Stabilizes Above Old Highs

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Palantir Technologies has advanced as investors embrace AI and non-government customers embrace its products. Is its current pullback offering an opportunity? The first pattern on...

Dovish Fed and Strong Earnings Drive Stocks to Another Record

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Stocks just had their best week of the year, thanks to a dovish Federal Reserve and strong earnings. The S&P 500 rose 2.3 percent...

Is Inflation Making a Comeback as the Fed Looks to Cut Interest Rates?

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The stock market has been optimistic about inflation since late 2023, but price pressures may be returning as the Federal Reserve considers interest-rate cuts. The...

Stocks Hesitate as Inflation Returns Before the Fed

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Stocks could be hesitating before a key Federal Reserve announcement on Wednesday. The S&P 500 slid 0.1 percent between Friday, March 8, and Friday, March...

Chart of the Day: Nvidia and the Midcap Breakout

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Megacap growth stocks like Nvidia have outperformed for years. But traders looking for the trend to change may see more evidence of a shift. Today’s...

Chart of the Day: Royal Caribbean May Be Attempting a Breakout

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Royal Caribbean Cruises has spent more than two months consolidating, but it may be getting ready to move again. The first pattern on today’s chart...

Troubled Trio? Why These Megacaps Are Faltering in 2024

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The stock market is off to a roaring start in 2024, but three former leaders might be left behind. Apple (AAPL), Tesla (TSLA) and Alphabet...

New Highs Continue in the Stock Market as AI Boom Widens

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Stocks keep rallying as investors look for the AI boom to drive earnings and the broader economy. The S&P 500 rose 0.9 percent between Friday,...
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