Sunday, May 5, 2024

Hawks at the Fed, Omicron, Buyer Fatigue: A New Set of Negatives Are Driving...

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After smooth sailing for most of the year, a series of negatives are hammering stocks as December begins. The S&P 500 is down 3.8 percent since Wednesday, November 24. While that might not sound like...
Twitter Leads the S&P 500 on Signs of Major Advertising Gains

Twitter Steals the Show This Week on Signs of Advertising Breakthroughs

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Twitter is having its best week in six years as its advertising business finally starts to gain traction. Twitter (TWTR) is up 27 percent since Friday, February 5. That makes it the best-performing member of...

Is This Level a Lucky Number for Facebook? Here’s Today’s Technical Analysis

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Technology and the Nasdaq have gone through a rough spot lately because of inflation. That may be creating an opportunity in social-media giant Facebook. FB is one of the few major Nasdaq stocks to hit...

This Social Media Stock May Be Squeezing Toward a Breakout: Technical Alert

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Snap is an expensive growth stock. It’s the kind of name investors have mostly avoided this year, although recent weeks have seen a shift back to such companies. This chart highlights SNAP’s last four months...

Options Alert: Bulls Target Roku as Original Content Draws Comparisons with Netflix

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Options activity is heating up in Roku as the streaming-video upstart launches original content. Call volume has steadily increased since ROKU signed Kevin Hart for a second season of his action/comedy program. (Last year it...

Technical Analysis: Is This Social Media Stock Overbought After an Earnings Rally?

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Snap had a sharp rally on February 4 after quarterly results beat estimates. But now its longer-term downtrend may be reasserting itself. The first pattern on today’s chart is the stochastic oscillator. It’s swinging back...

Chart of the Day: Netflix Consolidates After Earnings Surge

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Netflix jumped earlier this month after announcing results. It's now consolidating, and some traders may see potential for more upside. The first pattern on today's chart is the bullish gap on October 19 following the...

Buyers Rotate into These Sectors as Tech Stalls

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Last week was rough for technology. But now investors are looking for gains in some new areas. The SPDR Industrial ETF (XLI) and SPDR Health Care ETF (XLV) are the two best performing sector funds...

Big Caps Come to Life as China Blinks

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Did China just blink in its trade war against President Donald Trump? The market seems to think so. Last night, a story crossed the wires saying that Beijing would send a trade delegate to Washington...

Our Curiously Strong ‘Weakening’ Economy

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Recent headlines have suggested weakness in the economy, but other readings are curiously strong. Last week's employment reports all missed estimates. ADP's private-sector payrolls had 16,000 fewer new jobs than expected, while the government's non-farm...
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