Thursday, April 25, 2024

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

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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...

The Nasdaq Pushes Weekly Highs. Are Rate Cuts in the Cards?

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Stocks are nearing key highs on optimism the Federal Reserve is finished raising interest rates. The S&P 500 rose 2.2 percent between Friday, November 10,...

Chart of the Day: Lululemon Could Be Running

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Lululemon spent more than half of 2023 in a range, but now it could be starting to run. The first pattern on today’s chart is...

Did Stocks Just Break Out? Here Are Key Facts as Inflation Cools

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Higher inflation sank stocks into a bear market early last year. Now slowing inflation may be setting the market up for a return to...

Nasdaq Powers to 3-Month High as Fears Keep Dissolving

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Big growth stocks are continuing their rebound as fears dissolve and investors put money to work before yearend. The S&P 500 rose 1.3 percent between...

Stocks Jump as Evidence Mounts That the Fed Is Done Hiking Rates

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Stocks just exploded higher on hopes that the Federal Reserve is done hiking interest rates. The S&P 500 rose 5.9 percent between Friday, October 27,...

Can Stocks Rebound From The Longest Losing Streak Since 2020?

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Negativity is plaguing the stock market as investors brace for today's Federal Reserve meeting. The S&P 500 fell 2 percent in October, returning to price...

Chart of the Day: Netflix Consolidates After Earnings Surge

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Netflix jumped earlier this month after announcing results. It's now consolidating, and some traders may see potential for more upside. The first pattern on today's...

Earnings Have Been Decent, But the Market Has Other Worries

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Earnings season is off to a decent start as key themes like Artificial Intelligence boost technology results. But other issues are weighing on the...

Chart of the Day: CrowdStrike Pulls Back

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CrowdStrike has been making new 52-week highs as the broader market languishes. Now after a quick pullback, some traders may look for the cybersecurity...
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