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Technical Analysis: Potential Uptrend in DexCom

Technical Analysis: Potential Uptrend in DexCom

Diabetes company DexCom has been fighting higher since June, and now it may be interesting to trend followers. The first pattern on today’s chart is the pair of bullish gaps last month. The initial rally came after the Centers for Medicare and Medicaid Services...

Stocks Keep Climbing Before the Fed: Will Jerome Powell Finally Slow Down?

Stocks Keep Climbing Before the Fed: Will Jerome Powell Finally Slow Down?

Will Jerome Powell finally hit the brakes? Stocks could be moving like the Federal Reserve is near the end of its rate-hiking cycle. The S&P 500 rose 4 percent between Friday, October 21, and Friday, October 28. It was the second weekly gain of at least 4 percent,...

Stocks Cling to Support, Bracing for Another Inflation Report and Earnings

Stocks Cling to Support, Bracing for Another Inflation Report and Earnings

Stocks are trying to hold a key level as investors brace for more inflation news and a potentially bearish earnings season. The S&P 500 rose 1.5 percent between Friday, September 30, and Friday, October 7. It was the first positive week in the last four, although...

Hungry for Stocks, Investors Buy Safe Havens as the Yield Curve Inverts

Hungry for Stocks, Investors Buy Safe Havens as the Yield Curve Inverts

Investors are rotating to safe havens as an inverted yield curve causes worries about the economy. Still, the S&P 500 is holding some potentially important levels. The index was little changed last week, with a sharp split between sectors. Cyclical groups like...

Uncertainty Runs High in the Stock Market as a Huge Week Begins

Uncertainty Runs High in the Stock Market as a Huge Week Begins

There's huge uncertainty in the stock market as investors enter one of the biggest weeks in recent history. The Presidential Election tomorrow won't just determine who sits in the White House. Outcomes in Congress could also have a major impact on fiscal stimulus at...