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Stocks fell last week as traders sold recent gainers in the technology space. They now face a potentially big test with key inflation data due tomorrow morning. The S&P 500 retreated 1.1 percent between Friday, February 3, and Friday, February 10. It was the first...
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 held their ground during a turbulent October as investors focused on new areas that could lead in the market's next cycle. The S&P 500 rose 8 percent, advancing for the first time in three months. The move came after a higher-than-expected inflation report...
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 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...
Stocks exploded higher last week, breaking a historic losing streak, as good news chipped away at a wall of negativity. The S&P 500 rose 6.6 percent between Friday, May 20, and Friday, May 27 -- the biggest gain since November 2020. The rally broke a seven-week...
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...
Stocks fell again last week as investors brace for the Federal Reserve to "take away the punch bowl," by tightening monetary policy. The S&P 500 slid 1.2 percent between Friday, November 26, and Friday, December 3. Following the earlier week, the index had its...
Stocks pulled back last week as big Nasdaq stocks like Tesla stalled and investors looked for opportunities in newer names like General Motors. The S&P 500 slid 1.5 percent between Friday, January 8, and Friday, January 15. It was the index's sharpest decline...