Friday, May 17, 2024

Chart of the Day: South American Energy Giant May Be Attempting a Breakout

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Emerging markets have mostly struggled lately as the U.S. dollar climbed. That may have created an opportunity in Brazilian energy driller Petrobras. Unlike other oil...

Tech Stocks Just Had Their Worst Week In 7 Months as Inflation Scares Haunt...

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Technology stocks just had their worst week since February as rising inflation makes investors worry about higher interest rates. The SPDR Technology ETF (XLK) and...

Toast and Freshworks: Two New Disruptors Pull Back After Scorching IPOs

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Initial public offerings (IPOs) have been going strong as a series of disruptive technology firms hit the market. Two prominent names have pulled back...

Is It Time to Sell Apple? Investors Could Be Shifting to Value Stocks Again

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Technology stocks like Apple are under pressure as higher interest rates sends investors back to "value stocks." In a replay of moves earlier in the...

Stocks Crash and Rebound as Extreme Caution Keeps a Lid on Selling Pressure

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Stocks crashed and rebounded last week as investors confronted risks like tighter monetary policy. Still, sentiment is so cautious that it may be hard...

Chart of the Day: More Upside in Advanced Micro Devices?

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Advanced Micro Devices rallied hard on strong results in late July. Now almost two months later, the chip stock may be ready for another...

Will the Fed Taper? It May All Come Down to Jobs

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The Federal Reserve could take a key step toward a pre-Covid reality at their meeting today. However, implementing the change will probably depend on...
Harpoon Going Public as Market Waits for Uber IPO

Cybersecurity, Business Apps, Medical Software: Recent IPOs Are Pulling Back With the Market

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Initial public offerings (IPOs) have been active lately as new technology companies come to market. Several names are pulling back along with the S&P...

Stocks Slide as Negativity Thickens Before the Fed’s Dreaded Taper Announcement

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Stocks fell again last week as investors worry about the Federal Reserve removing stimulus from the economy. The S&P 500 slid 0.6 percent between Friday,...

Bearish Patterns Appear in this Industrial Giant

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Caterpillar was a top pick among investors for the rebound last year. But now the chart is showing several bearish patterns. First is the string...
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