Chart of the Day: Is This Forgotten Agricultural Stock Quietly Breaking Out?
The rise of inflation has investors quietly returning to many commodity-related stocks that were popular 2003-2007. One of them is Bunge.
Earlier this month, the soybean processor touched its highest level in over 13 years....
The Fed Gets More Hawkish, and More Stocks Are Breaking Out
Stocks fell last week as the Federal Reserve got even more hawkish. However some potentially bullish trends are developing as money drains away from technology.
The S&P 500 slid 1.3 percent between Friday, April 1,...
Housing Stocks Have Barely Flinched as Technology Stocks Plunged
Housing stocks have barely dropped this month, even as volatility swept the broader market.
The iShares U.S. Home Construction ETF (ITB) closed yesterday just 2.6 percent below its 52-week high. The S&P 500 in contrast,...
Another Healthy Pullback in Energy ETF?
Energy is the strongest sector this year, but is down in the last month. Is it time to buy the pullback?
This chart of the SPDR Energy ETF (XLE) has some interesting patterns. First are...
With Technology Still Under Pressure, Where Is Money Going in the Stock Market?
Steel stocks are flying as investors scramble to stay ahead of spiraling inflation.
The DJ US Steel Index ($DJUSST) surged 29 percent in February. It not only hit a 13-year high. It also outperformed the...
Banks Including JPMorgan and Citi Pull Back as Earnings Season Begins
Traders are taking profits in the banks as earnings season begins.
JPMorgan Chase (JPM), Citi (C) and Wells Fargo (WFC) announced quarterly results today. While their numbers were mixed, their price action wasn't. All three...
Semiconductor Shortage Squeezes Automakers as Chip Demand Surges Like Never Before
A shortage of semiconductors is sweeping the economy as demand for connectivity surges in the wake of the coronavirus pandemic.
Companies including General Motors (GM), Ford Motor (F), Apple (AAPL) and Enphase Energy (ENPH) have...
Trade QQQ? The Nasdaq Just Had its Worst Quarter in a Decade, by This...
The Nasdaq-100 went from an amazing year in 2020 to its worst quarter in a decade, compared with the rest of the stock market.
The technology heavy index, home to trillion-dollar giants like Apple (AAPL)...
Bulls May Be Coming Back to Energy as Global Economy Reopens
Energy stocks jumped yesterday as inventories tightened and traders looked for demand to increase.
The SPDR Energy ETF (XLE) rose 2.8 percent, its biggest one-day gain in six weeks. Crude oil futures also leaped almost...
Stocks Keep Sliding as the Technology Rout Continues
Stocks kept falling last week as the rout in technology stocks continued.
The S&P 500 slid 0.6 percent between Friday, September 11, and Friday, September 18. It was the index's third straight drop -- the...
