Sunday, May 19, 2024

Traders, keep an eye on oil

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Oil is in the news today with crude futures at a potentially key level. The main item came this morning from the U.S. State Department,...

Bulls pivot back to energy: Midweek sector check

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The S&P 500 is bouncing at its 50-day moving average as the market drifts into the dog days of summer. Here's a breakdown of the best-...

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...

There Are Signs of Fear Leaving the Market

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Stocks are bouncing today after Washington and Beijing exchanged tariffs. Beyond those headlines, various signs have suggested fear is leaving the market. First, look at...

Suddenly Another Global Name Is Moving

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Attention has focused heavily on China, Italy and NAFTA. But suddenly today another part of the world is in play. The iShares Brazil ETF (EWZ)...

Support and Resistance at Play on Some Key Charts

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Support and resistance may be at play on some key charts. In case you don't know, support and resistance are important price levels where buyers...

Are There Winners from the Selloff in Oil?

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Oil just had its biggest drop in at least four years, and winners may be emerging. Airlines are one of the best-performing groups recently, according...

This Forgotten Industry Is Quietly Shining

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Remember solar stocks? They're quietly screaming higher. PowerShares Solar Energy exchange-traded fund (TAN) is up 14 percent since the end of October. That outpaces every...

How Low Can Oil Go?

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Energy just had its worst month in decades, and the bears are still in control. Crude oil futures (@CL) dropped 7.2 percent yesterday, their biggest...

Suddenly Vultures Circle in the Credit Market

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The Federal Reserve has everyone talking about hawks and doves this week. But another kind of bird may be swooping in: vultures. Recent headlines suggest...
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