Tuesday, May 7, 2024

Investors Shift to Safe Havens, Shunning Riskier Stocks as the Fed Taper Approaches

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The S&P 500 fell yesterday, but a new kind of stock seems to be breaking out. Consumer staples, real estate investment trusts and utilities hit...

Tesla Is Weaving in Its Lane: Chart of the Day

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Tesla has been on anything but autopilot since peaking above $1,240 in early November. The EV giant first made a lower high near $1,200,...

Stocks Ended 2021 Strong as Investors Shift from Technology to Health Care and Real...

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Stocks ended 2021 on a strong note as investors found opportunities in new sectors like health care and real estate. The S&P 500 rose 4.7...

Forgotten Blue Chip Doubles as Recovery Takes Hold. Can You Guess January’s Mystery Stock?

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Price inflation has been a major concern since the economy roared back from coronavirus a year ago. While the trend has been difficult for...

The S&P 500 Has Gone a Long Time Without Doing This. Will It Bring...

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Most investors know the stock market has enjoyed a powerful rally since mid-2020. But they may not realize it's nearing some historic milestones. The...

Stocks Break Support as Bears Spread from Big Tech to the Broader Market

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Stocks just had their worst week since early in the pandemic as big indexes knifed through key support zones. The S&P 500 plunged 5.7 percent...

Chart of the Day: Is This Forgotten Agricultural Stock Quietly Breaking Out?

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The rise of inflation has investors quietly returning to many commodity-related stocks that were popular 2003-2007. One of them is Bunge. Earlier this month, the...

Stocks Cling to Support as the Fed’s Hawks Go to Work. Growth Heads for...

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Stocks clung to support last week as investors brace for a series of rate hikes by the Federal Reserve. The S&P 500 spent most of...

Chart of the Day: Is This Gold Mining Giant Headed for a Breakout?

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Last week, we cited the potential breakout in the SPDR Gold ETF. Today’s chart shows a similar pattern in miner Barrick Gold. First, consider the...

Travel Stocks Are Jumping as the Coronavirus Pandemic Continues to Fade

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After more than a year of waiting, travel stocks may finally be recovering. Companies including Walt Disney (DIS), Expedia (EXPE) and Airbnb (ABNB) have rallied...
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