Friday, April 26, 2024

Inflation Fades, Earnings Beat and Stocks Push Higher

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Stocks keep pushing higher as inflation fades and earnings beat expectations. The S&P 500 rose 0.8 percent between Friday, April 7, and Friday, April 14....

IPOs Slow in October as Markets Swoon

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The red-hot IPO market took a breather last month as the broader indexes tumbled lower. Some $4.8 billion of initial public offerings priced in October, according...

Stocks Eye Key Resistance as the Fed Looks to Slow Interest Rate Hikes

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Stocks are eying key resistance as the market attempts its second straight positive month. The S&P 500 rose 1.5 percent in the holiday-shortened week...

Tesla’s Stock Is Holding Support as Relative Strength Turns Positive

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After months of weakness, Tesla may be charged for another move to the upside. Some interesting patterns have recently appeared on the electric-car maker's chart. First...

Chart Study: Is CSX Ready to Start Rolling?

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Railroad operator CSX has squeezed into a tight range for almost five months. Now it may be ready for a breakout. The first pattern jumping...

The Dow’s Smallest Member Has Pulled Back to a Trend Line

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Travelers (TRV) doesn’t get much attention, but maybe it should. The insurance stock trended steadily upward since October. It made a new all-time high above...

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...

Chart of the Day: Has the Tide Finally Turned for This Chinese E-Commerce Giant?

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Chinese stocks like Alibaba have been under pressure for the last 1-1/2 years, but now the tide could be turning. The first pattern on today's...
Align Technology Breaks Out on Social Media Engagement Surge

Social Media Success Story: Align Technology Makes Braces Cool

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Social media platforms like Snap and Pinterest spiked on higher engagement this earnings season. Another stock company to benefit was orthodontic company Align Technologies...
Tesla Leads Stock Market Breakout amid Stimulus Hopes

Tesla Leads a New Year Breakout With Stock Investors Eager for Stimulus and Earnings...

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Tesla led stocks into new record territory last week as investors focus on the potential positives coming in 2021. The S&P 500 rose 1.8 percent...
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