Sunday, May 12, 2024

Guess What Tech Stocks Are Up Today?

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It's a rough day for technology stocks, but one group in the sector is still pushing higher. Electronics-payments firms including Square (SQ) and Mastercard (MA) are mostly positive today. These have been one of strongest...

Big Tech Slammed Again As Rotation Continues

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As the saying goes, the bigger they are, the harder they fall. That seems to be the case in technology stocks this week as large-cap members of the big indexes get hammered while other parts...

Tech Troubles, Emerging Meltdown Lifts Volatility

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Volatility's on the rise again today, especially for tech stocks and emerging markets. A combination of political risk, currency anxiety and simple buyer exhaustion seem to be triggering the move. The political risk is happening on...

Apple Rockets Up the Rankings: August at TradeStation

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August brought upsets to TradeStation's rankings as clients shifted attention to big technology companies. Major exchange-traded funds lost interest. Apple (AAPL), which didn't even make the Top 10 in June or July, was the busiest...

Two Tech Giants Moving in Very Different Directions

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Two tech giants are moving in two very different directions as we enter the home stretch for the third quarter. Apple (AAPL) has appreciated 22 percent since the end of June. That makes it the...

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...

Traders, Keep an Eye on Chip Stocks

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Semiconductors have been a weak spot in technology for most of the year. But now the group may be trying to break out. The Market Vectors Semiconductor ETF (SMH) is challenging an old peak from...

A Weak End to a Strong Season: Earnings This Week

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A good earnings season ended on a weak note, thanks to dinosaur consumer stocks. Traditional retailers and food stocks are down sharply as changes in the ecosystem continue to weigh on sentiment. Some beat estimates,...

Is Biotech Quietly Breaking Out?

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Biotechnology stocks are trying to break out as investors await potential catalysts after Labor Day. The iShares Nasdaq Biotech ETF (IBB) has closed at new 52-week highs in the last two sessions. It's now pushing...

Bullish Narrative Potentially Returns to Oil

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Just as quickly as they appeared, oil bears are on the run. Crude oil futures (@CL) closed at their highest level yesterday since July 10, bolstered by a series of positive headlines: Weekly inventories fell...
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