Saturday, May 18, 2024

Technical Analysis: What If Apple Holds This Price Level?

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Megacap technology stocks like Apple have dragged on the market amid disruptions in China. But what if the iPhone giant manages to bounce? Could it give the bigger indexes a boost? The main pattern on...
The Fed Takes a Hawkish Turn, Thanks to the U.S. Consumer

The Fed Takes a Hawkish Turn, Thanks to the U.S. Consumer

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The Federal Reserve took a hawkish turn yesterday, thanks to an improving U.S. consumer. "Household spending has been rising at a strong pace," the central bank declared in its policy statement yesterday. It then proceeded...
Foot Locker Highlights Standout Sneaker Trade

Foot Locker Highlights Standout Sneaker Trade

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Most retail stocks are well below their 52-week highs, but one niche in particular is breaking out: sneaker and footwear companies. Foot Locker's (FL) blowout quarter today is the latest example of the trend. Not...

These Are the Three Big Questions After Stocks Fell Last Week

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Stocks sank into the red last week as investors balked at chasing highs -- especially with coronavirus still spreading in China. The S&P 500 slid 1.25 percent in the holiday-shortened week between Friday, February 14,...
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...
Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

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Coronavirus has caused a lot of fear in the market, and it comes at an especially bad time for the energy sector. Crude oil already had a glut of supply because of rising production in...
New Highs for Stocks as Confidence Rises and Volatility Falls

New Highs for Stocks as Confidence Rises and Volatility Falls

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Stocks hit new highs again last week, riding a wave of economic confidence, low interest rates and mild volatility. The S&P 500 rose 1.6 percent between Friday, February 7, and Friday, February 14. Three-quarters of...

Podcast: A Search for New Leadership in the Stock Market

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Explore the positives and negatives facing stocks as the S&P 500 consolidates at levels from April. Can a dovish Federal Reserve offset weakness in big companies like Apple and Facebook?

After Getting Cut in Half, An Options Trader Thinks this Social Media Giant May...

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Social-media giant Meta Platforms has gotten cut in half, and now one big investor seems to think it will stabilize. Check out the unusual options activity detected in the company formerly known as Facebook (FB)...

Chart of the Day: Can Anything Stop Hess?

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Energy remains the top-performing sector this year. Today we're focusing a member of the group with potentially classic breakout behavior: Hess. The first pattern on the oil and gas stock's chart is the is the...
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