Sunday, May 5, 2024

Another Week, Another Gain for Stocks

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The U.S. bull market's winning run continued last week as the S&P 500 broke out to new highs. The index rose 0.9 percent between Friday, August 24, and Friday, August 31 -- its eighth gain...
Is a Breakout Coming? S&P 500 Takes Off Near a Key Level

Is a Breakout Coming? S&P 500 Takes Off Near a Key Level

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Stocks took off last week as investors look for the coronavirus crisis to fade. The S&P 500 rose 3.2 percent between Friday, May 15, and Friday May 22. The index is back to its highest...

WTI Crude Oil: Futures Contract of the Week

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When people think about "commodities," few items spring to mind faster than crude oil. Let's consider a major way to trade it: Nymex WTI crude oil futures. These contracts track the oil most commonly produced...
Stocks Nearly Erase Covid Losses as Economy Roars Back

Stocks Nearly Erase Covid Losses as Economy Roars Back

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Strong economic data propelled stocks higher last week, nearly erasing the entire coronavirus decline. The S&P 500 surged 4.9 percent between Friday, May 29, and Friday, June 7. It was the third straight positive week,...
Amazon.com, NIO and Other Movers You Might Have Missed in Late 2019

Amazon.com, NIO and Other Movers You Might Have Missed in Late 2019

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Today's the last session in the holiday season. It's a good time to review some interesting stories that might have escaped your attention in late 2019. Amazon.com (AMZN) and NIO (NIO) both surged on surprisingly...
Stocks Have Best Week Since August as Bullish Sentiment Widens

Stocks Have Best Week Since August as Bullish Sentiment Widens

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Stocks just had their biggest weekly gain since August as fears melted away and earnings season began. The S&P 500 rose 2 percent between Friday, January 10, and Friday, January 17. The index has risen...

Comex Gold Futures: Contract of the Week

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Gold's one of the world's oldest measures of value. It's also one of of the most actively traded commodities, thanks to CME's Comex Gold Futures. These contracts use the symbol root GC and track 100...
Are Bulls Coming Back to Ride-Sharing Stocks like Uber and Lyft?

Are Bulls Coming Back to Ride-Sharing Stocks like Uber and Lyft?

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Ride-sharing stocks like Uber and Lyft struggled after IPOs last year. Yesterday, the bulls seemed to think both have turned a corner. UBER shot to a five-month high after Morgan Stanley said core profitability was...
Chinese Tech Stocks Break Out, and 10 New Companies Are Leading the Rally

Chinese Tech Stocks Break Out, and 10 New Companies Are Leading the Rally

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Ever heard of Pinduoduo? GSX Techedu, or Bilibili? They're among a handful of technology stocks breaking out to new highs as investors embrace China's flourishing digital economy. The KraneShares CSI China Internet ETF (KWEB)...
Tech Keeps Beating Estimates as Lockdown Drives Growth: Earnings This Week

Tech Keeps Beating Estimates as Lockdown Drives Growth: Earnings This Week

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Technology stocks continue to lead a small group of companies doing well amid the coronavirus lockdown. Cisco Systems (CSCO), Square (SQ), Logitech (LOGI) and Datadog (DDOG) all reported strong quarterly results over the last...
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