Friday, April 26, 2024

Stocks Pause Near Record Highs Before Inflation, Earnings

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Stocks are pulling back as traders wait for key inflation data and the start of earnings season. The S&P 500 fell 1.5 percent in the...

Traders Toking Profits as a Red-Hot Space Gets Smoked

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Buy the rumor, sell the news. The old adage is playing out today as weed goes legal in Canada. Cannabis stocks have been pretty much...

Earnings Season Begins on a Strong Note, Thanks to Snap and Chipotle

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Earnings season is off to a bullish start as companies like Snap, Chipotle Mexican Grill and Coca-Cola blitz past estimates. That variety of companies --...

‘Boring’ May Be The New Bullish: Healthcare, Insurers,and Food Stocks Break Out as the...

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The S&P 500 continues to hit new highs, but a strange mix of stocks is leading the advance. Pharmaceuticals, medical devices, insurers and food companies...

Tech and FANG Languish as Sentiment Shifts

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FANG seems to be losing its mojo along with the rest of tech as sentiment shifts in the market. FANG, if you don't know, stands...

Health Care Leads New Highs as the Stock Market Recovers

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Something new happened in the stock market yesterday following a month of steady gains: some names are breaking out. Twenty three members of the S&P...

Technical Analysis: Potential Uptrend in DexCom

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Diabetes company DexCom has been fighting higher since June, and now it may be interesting to trend followers. The first pattern on today’s chart is...

Pharmaceutical Giant Rallies and Pulls Back. Check out this Technical Analysis.

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Pfizer has bounced in March after two negative months, and now it's having a quick pullback. The first pattern on today's chart is the 50-day...

Stocks Ended 2021 Strong as Investors Shift from Technology to Health Care and Real...

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Stocks ended 2021 on a strong note as investors found opportunities in new sectors like health care and real estate. The S&P 500 rose 4.7...

Biotechs Rising as Buyouts Sweep the Market

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Biotechnology stocks are ripping in 2019, fueled by some high-profile takeovers. It was only the second trading session of the year that Bristol Myers Squibb...
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