Thursday, May 2, 2024

Stocks Keep Rising. Are Investors Shifting Back Toward Value Plays Like Financials?

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The S&P 500 rose to a new record high last week, and investors could be positioning for another shift toward value stocks. The index advanced...

Technical Analysis: Coffee Giant Breaks Out, Then Pulls Back

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Restaurant stocks had a big surge last month thanks to Chipotle Mexican Grill's (CMG) monster quarter. Starbucks (SBUX) went along for the ride and...

Climbing a Wall of Worry, Stocks Just Did Something Highly Unusual

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The S&P 500 just did something highly unusual: It had two consecutive "outside days." That's when prices make a lower low and a higher high...

This Footwear Company Is Growing Like Never Before. Can You Guess August’s Mystery Stock?

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Many companies spend a fortune trying to achieve brand identity and customer loyalty. But that was never a problem for this month's mystery stock. Its...

Like Cryptocurrencies? Check out the Price Action in this Bitcoin Mining Stock

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Bitcoin miner Riot Blockchain has been skidding lower since February, but now it could be ready to move again. The main feature on its chart...

The Weak Dollar Trade Is Coming Back, Thanks to Jerome Powell and a Slowing...

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A "weak dollar" trade may be returning, thanks to the Jerome Powell and a slowing economy. That would favor favor commodities and global stocks. The...

Energy Stocks Could Be Hugely Oversold, According to This Chart

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Energy is the top performing sector this year, despite two months of weakness. It now appears hugely oversold in comparison with crude oil prices. The...

This Key Part of the Technology Sector Could Be Flashing Warning Signs: Chart of...

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Semiconductors have been a key pillar of the S&P 500’s advance since 2016, and now they may be flashing a warning signal for the...

Stocks Are Climbing an Epic Wall of Worry as Earnings Blow Past Estimates

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An old adage states that "bull markets climb a wall of worry." It's especially true now. The S&P 500 fell 1.6 percent last Monday, its...

Earnings Season Begins on a Strong Note, Thanks to Snap and Chipotle

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Earnings season is off to a bullish start as companies like Snap, Chipotle Mexican Grill and Coca-Cola blitz past estimates. That variety of companies --...
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