Market Insights
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Stocks Get Stuck as Trade Worries Return
Stocks might be stuck as trade worries return and earnings season ends.
Stocks Rebound as Inflation Drives Investors Back to Energy and Value Plays
Stocks rebounded last week as the U.S. skirted a debt crisis and investors returned to value stocks like energy and financials. The S&P 500 rose 0.8 percent between Friday, October 1, and Friday, October 4. It was the biggest gain since late August. Most of the...
Technical Analysis: Wall Street Giant Attempts a Breakout
Goldman Sachs hit a new high late in the summer. Now after a healthy pullback, it may be ready to keep moving. The first pattern on today’s chart is the falling trendline that began on August 30. GS tried to break that resistance twice last month. It was rejected both...
Inflation, Tapering, Cryptos, Earnings: A Busy Period Is Starting For Investors
It's a busy period moving into the holidays as companies announce results and the Federal Reserve reduces support to the economy. At least 21 members of the S&P 500 report earnings next week, led by major financials like JPMorgan Chase (JPM) and Goldman Sachs...
Big Fish ‘Hodling,’ Brazilian Interest, ETF In the Works? Why Bitcoin Jumped Today
Bitcoin flew back above $55,000 today on renewed hopes of the digital asset becoming a mainstream store of value. No single event triggered the move. But recent stories suggest the cryptocurrency is on its way to broader adoption. The first big news was last Friday....
The Pandemic Actually Helped This Travel Company. Can You Guess October’s Mystery Stock?
Few industries crashed harder than travel stocks during the pandemic. However one company benefited from the crisis as an unexpected set of catalysts drove its shares up more than 1,700 percent from the 2020 lows. The story of this month's mystery stock begins in 1946...
Nasdaq Stocks Are Teetering, Except For This One Key Company
The Nasdaq-100 is teetering, but one major index member is fighting the trend as business surges: electric-car giant Tesla. TSLA rose almost 1 percent yesterday, despite NDX sliding more than 2 percent. It managed to close at its highest price since February, even...
Technology & Communication
Investors Return to Growth Stocks as a New Quarter Approaches
Investors just pivoted back to growth stocks as inflation worries fade and a new quarter approaches. The S&P 500 jumped 6.4 percent in the holiday-shortened week between Friday, June 17, and Friday, June 20. More than 95 percent of the index's members advanced,...
In Search of Millennial Melt-ups: Glu Mobile
Do you play MLB Tap Sports Baseball 2018 on your mobile device? How about Design Home? Both are published by this week's “millennial melt-up” stocks: Glu Mobile (GLUU). Remember this is a series that started on Market Insights in June after a reader asked for...
Nasdaq Powers to New High
Disclaimer: This post is intended for educational purposes only and should not be considered a recommendation. Most big indexes are still below their highs for the year, but not the Nasdaq-100. The technology-heavy benchmark probed 7,338.8 today, breaking its old peak...
Recent IPOs Glowing Green
Tech IPOs may be showing signs of life. Stocks like Huya (HUYA), Pivotal Software (PVTL) and Iqiyi (IQ) rallied hard in May and early June after their initial public offerings (IPOs), only to pull back sharply. But now they're having positive weeks. Does than mean...
Here Come Earnings
It's hard to deny sentiment is building for a strong earnings season. Depending on who you ask, profits are projected to rise more than 20 percent. While the estimates vary, direction is positive because all the research shows consensus figures climbing in recent...