Friday, May 3, 2024

Insurers Tremble with Florence on the Move

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Hurricane season has begun, and insurers are trembling. Florence is expected to hit the Carolinas on Friday. It's already a category 4 hurricane, which makes...

Guess What Index Just Broke Out

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Over a century ago, Charles Dow said it's bullish when transportation stocks hit new highs. That's exactly what they're doing today. So-called "Dow Theory" teaches...

Finally a Pullback, Thanks to Tech

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Traders finally got a pullback last week, thanks to a mini-crash in technology. The S&P 500 slid 1 percent in the holiday-shortened period between Friday,...

Marijuana Momentum, Airlines Ascending: Groups in Focus

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Two different groups have been "flying under the radar" and "hitting new highs" in recent weeks. Let's check them out. First: Flying under the radar....

Is Reed Hastings Still the King of Streaming?

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Netflix (NFLX) is undeniably one of the hot stocks in recent years. But did you see it's lagged smaller competitors for the last two...

Guess What Tech Stocks Are Up Today?

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It's a rough day for technology stocks, but one group in the sector is still pushing higher. Electronics-payments firms including Square (SQ) and Mastercard (MA)...

Big Tech Slammed Again As Rotation Continues

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As the saying goes, the bigger they are, the harder they fall. That seems to be the case in technology stocks this week as large-cap...

IPOs Have Their Best August in Five Years

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Initial public offerings (IPOs) kept flowing last month, despite the normal summer doldrums. Some $1.5 billion of new stock came to market last month, according...

Apple Rockets Up the Rankings: August at TradeStation

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August brought upsets to TradeStation's rankings as clients shifted attention to big technology companies. Major exchange-traded funds lost interest. Apple (AAPL), which didn't even make...

Two Tech Giants Moving in Very Different Directions

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Two tech giants are moving in two very different directions as we enter the home stretch for the third quarter. Apple (AAPL) has appreciated 22...
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