Saturday, May 4, 2024

Attention Fed Watchers: 4 Reasons Why April’s Inflation Report Could Be Good News

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Consumer prices rose 4.9 percent in April, which could be good news for investors worried about inflation and the Federal Reserve. The reading was below...

Options Alert: Call Volume Grows as Salesforce.com Nears Highs

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Major technology stocks like Apple and Microsoft jumped on quarterly results. Will peer Saleforce.com make a similar move? Marc Benioff's provider of cloud-based marketing software...

Technical Analysis: Amazon.com Could Be Struggling After Uncertain Guidance

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Amazon.com may be showing signs of weakness after another post-earnings drop. The first pattern on today’s chart is the rising trendline along the lows of...

Stock Market Faces Big Tests After a String of Positive Earnings

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Earnings season has gone better than feared, but traders face new uncertainties this week. Today and the next two sessions bring key news on the...

Stocks Keep Fighting Higher as Inflation Slows and Earnings Beat Expectations

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Stocks kept fighting higher last month as inflation slowed and earnings beat estimates. The S&P 500 rose 1.5 percent in April, its third gain in...

Breakout or Breakdown? Stock Movement Grinds to a Halt as Investors Wait and See

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Stocks have stopped moving as investors wait for more news on corporate earnings and interest rates. The S&P 500 slid 0.1 percent between Friday, April...

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....

Technical Analysis: Merck Could Be Breaking Out

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Merck surged in late 2022 and consolidated during the first quarter. Now the drug maker could be breaking out. The first pattern on today’s chart...

Stocks Hold Their Ground as a New Quarter Begins and Sentiment Improves

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Stocks could be trying to break out as improving sentiment draws buyers to new parts of the market. The S&P 500 slid 0.1 percent in...

Technology Rallied in March as Interest Rates Eased and Outlooks Improved

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Technology stocks are rallying again as interest rates fall and fundamentals improve. The S&P 500 rose 3.5 percent in March, while the Nasdaq-100 surged 9.5...
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