Saturday, July 27, 2024

Stocks Have Biggest Drop in Two Years as Rates Rise

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Stocks just took their deepest dive in two years as higher interest rates caused investors to take profits. The S&P 500 cratered 3.85 percent between...

E-Commerce Giant Struggles After Bearish Price Gap: Chart of the Day

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Amazon.com rallied into its last earnings report, and crashed on a very weak outlook. Now traders may need to mind the price gap that...

Tesla Joins the S&P 500 as the Coronavirus Pandemic Surges and the Economy Slows

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Another milestone is coming for the stock market today as Tesla joins the world's most important index. TSLA is the biggest company ever added to...
Retailers Crash as Unsold Merchandise Piles Up: Earnings This Week

Retailers Crash as Unsold Merchandise Piles Up: Earnings This Week

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Retail earnings are off to a bearish start as unsold merchandise piles up and shopping centers go quiet. Macy's (M) started things on a bearish...

Jobs, Spending, Travel: The Economy Keeps Getting Better As the Holidays Approach

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From employment to manufacturing and spending, the economy continues to improve as the crucial holiday shopping season approaches. Today's non-farm payrolls report featured bullish...

Stocks Keep Climbing as Key Chart Level Holds

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Stocks bounced at a key level last week as volatility keeps falling despite a lack of good news. The S&P 500 rose 1.2 percent between...

July Breakout? Options Trader Extends Bullish Position in This Major Hotel Operator

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Hotel stocks have consolidated since the winter, and yesterday an options trader extended their stay in one of the biggest names. Check out this large...
Tesla Battery Day: Musk Could Present Bigger Cells, Dry Electrodes

Chart of the Day: Does Tesla Need to Recharge its Batteries?

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Tesla rallied more than 50 percent from its lows of the year through earlier this week. But now it may be running out of...

An Electrifying Future? Carmakers Fly Amid Pent-up Demand and Zero-Emission Plans

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The stock market has tumbled since Labor Day, but automakers are bucking the bearish trend. General Motors (GM) and Ford Motor (F) have gained 20...

Trust the Trend but Verify: Price Headly

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Buy at support, sell at resistance, but always back-test. That was the message from our pro trader this morning. Price Headly, founder of BigTrends.com, runs...
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