Friday, April 12, 2024

The Other Shoe Never Dropped: 2023 In Review

The stock market is riding big gains as Wall Street enters the final week of 2023. If there's any way to explain the year,...

Chart of the Day: Tight Price Action in Microsoft

Microsoft has paused this month as the Nasdaq-100 climbs to new highs. However, some chart watchers could look for the software giant to come...

‘Inflation Has Eased.’ Stocks Near Highs as Fed Signals Rate Cuts

Stocks are clawing toward record levels after the Federal Reserve confirmed hopes of a soft landing. The S&P 500 rose 2.5 percent between Friday, December...

Chart of the Day: Potential Uptrend in DraftKings

DraftKings spent four months digesting a strong first half. Now after a rally and pullback, traders may see more upside in the sports-betting stock. The...

This Industry Just Broke Out. Will the S&P 500 and Nasdaq Follow?

Stocks could be attempting a breakout as confidence continues to spread. The S&P 500, Nasdaq-100 and Dow Jones Industrial Average climbed fractionally between Friday, December...

Chart of the Day: More Downside in Energy ETF?

Energy was the only the only major sector to fall last month. Is there more downside risk? The first pattern on today's chart of the...

Megacaps Lag as Stocks Keep Rising. Has the Great Rotation Begun?

Money is streaming into abandoned corners of the stock market as yearend approaches. Are investors finally shifting away from megacap growth names like Apple...

Stocks Jumped in November as Sentiment Quickly Turned Bullish

Stocks ripped higher in November as extreme pessimism morphed into confidence about interest rates and inflation. The S&P 500 surged 8.9 percent between October 31...

Nvidia Is Sitting Quietly After Another Strong Report

Nvidia is the only member of the S&P 500 that's tripled this year. Now it's stuck near record highs as traders enter the home...

Confidence or Complacency? Fear Index Returns to Pre-Covid Levels

Stocks continued their winning streak last week as the market sees a potential return to normal following years of turmoil. The S&P 500 rose 1...
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