Several high-profile technology stocks seem to be forming a classic bullish pattern.
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Don’s Notebook May 29, 2018
In today’s Morning Market Briefing, presenter Fausto Pugliese of CyberTrading University cautioned about “forcing” trades today since he expected a slower market following the Memorial Day market holiday. “Do not be aggressive today” was his warning. The S&P Core...
Get Ready for the Dog Days of Summer
The S&P 500 inched higher last week as tech and transports bounced. Still it was the tightest range of the year.
Suddenly the Bears are in Retreat
Stocks recovered from early losses last week as interest rates stabilized and money streamed into tech. A Friday-afternoon surge landed the S&P 500 back above its 50-day moving average, resulting in a 0.55 percent gain for the holiday-shortened span. The...