Monday, April 29, 2024

Chart of the Day: Are Chips Losing Their Edge to Software Stocks?

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Semiconductor stocks have surged this year, thanks in large part to Nvidia. But they could be losing relative strength to software makers within the technology sector. Today’s main chart focuses on the VanEck Semiconductor ETF...

Silver Attempts a Pre-Fed Breakout: Technical Analysis

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Silver has been dead money since the summer as the U.S. dollar ripped higher. But now it’s attempting a breakout -- despite next week’s looming Federal Reserve meeting. Notice how the iShares Silver Trust (SLV)...

Biotechs Rising as Buyouts Sweep the Market

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Biotechnology stocks are ripping in 2019, fueled by some high-profile takeovers. It was only the second trading session of the year that Bristol Myers Squibb (BMY) gobbled up Celgene (CELG) in a record $74 billion...
Health Care Sector Keeps Showing Bearish Symptoms

Safe Haven No More? Health Care’s Not Feeling So Great

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Everyone's focused on tariffs and the global economy. But another potential risk may be emerging: worsening price action in the health-care sector. Key companies in the SPDR Health Care ETF (XLV) have tried to rally...

Snap Just Had a Historic Day as Self-Serve Advertising Fuels Stunning Growth Forecast

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Snap just had an insanely bullish day, thanks to a better advertising platform and augmented reality. Executives told investors revenue will grow more than 50 percent annually for "multiple" years, according to reports on Reuters,...

Chart Analysis: Can Anything Stop Alphabet After Its Last Earning Report?

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Most of the Nasdaq took a beating lately, but not Alphabet . The parent of Google and YouTube has been standing tall since its bullish quarterly numbers on February 2. The report planted the stock...

Amazon.com Tries to Rejoin the Trillion Dollar Club as FANG Lags

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Amazon.com is trying to regain an elite status it lost because of coronavirus: a trillion-dollar market capitalization. The e-commerce giant briefly reached that valuation in January after a strong earnings report. It proceeded to drop...

This Retailer Keeps Reinventing Itself. Can you Guess July’s Mystery Stock?

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The last year has been the worst of times for traditional retailers, but also the best of times. That's especially true for a company like today's mystery stock. It rose 94 percent between December 31...

Stocks Keep Climbing as Confidence Builds

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Stocks keep inching higher as confidence builds. The S&P 500 rose 0.6 percent between Friday, August 10, and Friday, August 17. It was the seventh positive week in the last eight, and the second-highest weekly...
This Handful of Stocks Rose Despite Yesterday's Carnage

A Handful of Stocks Just Rose Despite Yesterday’s Carnage

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The S&P 500 got hammered yesterday, but a handful of stocks shot higher on good news. Here are their stories. HP (HPQ) and Xerox (XRX) had the biggest gains in the index as their takeover...
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