Saturday, April 20, 2024

A Weak End to a Strong Season: Earnings This Week

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A good earnings season ended on a weak note, thanks to dinosaur consumer stocks. Traditional retailers and food stocks are down sharply as changes in...

Is Biotech Quietly Breaking Out?

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Biotechnology stocks are trying to break out as investors await potential catalysts after Labor Day. The iShares Nasdaq Biotech ETF (IBB) has closed at new...
Bull in ring

More Techs Coming to Life

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Tech stocks keep jumping as stocks nudge higher. Yesterday, we covered how names like Apple (AAPL) and Cisco Systems (CSCO) were sneaking to new highs....

Big Caps on the Move: Scanning for Breakouts in the Dow

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It's pretty quiet today as stocks drift aimlessly before Labor Day. Dog days of summer? More like the sloth days ... Still, some members of...

Is the Global Picture Brightening?

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Global stocks have been a hot mess all summer, but some recent events may suggest the tide is turning. Over the weekend, for instance, China...

Last Week Shows Records Were Made to Be Broken

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As the saying goes: Records were made to be broken. Just take the market last week. The S&P 500's decade-long bull run surpassed the lifespan...

New Companies Back on the Rise

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Back in the spring, there was a wave of bullishness in initial public offerings. After a few pullbacks, some of those companies are pushing...

Goldilocks Drives S&P 500 to New Highs

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If the longest bull market in history had a patron saint, it would be Goldilocks. This Wednesday marked the 3,453rd session in the uptrend that...

Retail Revival Underway: Earnings This Week

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Remember when everyone thought traditional retailers were going extinct? This week's earnings reports may have destroyed that narrative. "This is the healthiest environment I have...

Don’t Forget About Mexico

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Everyone's focused on China, but don't forget about Mexico. That was a message on this week's Market Action webinar, and so far it's been playing...
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