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Chart of the Day: Can Anything Stop Hess?

Chart of the Day: Can Anything Stop Hess?

Energy remains the top-performing sector this year. Today we're focusing a member of the group with potentially classic breakout behavior: Hess. The first pattern on the oil and gas stock's chart is the is the October 26 surge above $137. That was the previous...

Stocks Tumble as Fed’s Powell Promises to Crush Inflation

Stocks Tumble as Fed’s Powell Promises to Crush Inflation

Stocks fell again last week as the Federal Reserve emphasized its plans to crush inflation with higher interest rates. "Reducing inflation is likely to require a sustained period of below-trend growth," Fed Chairman Jerome Powell warned investors on Friday morning. He...

Stocks Bounce as Traders Await iPhones and Other Catalysts this Month

Stocks Bounce as Traders Await iPhones and Other Catalysts this Month

Stocks just broke a four-week losing streak. Now's the last lull before a surge of activity in the market. The S&P 500 rose 1.5 percent between Friday, September 25, and Friday, October 2. More than three-quarters of the index's members advanced as investors...

3 Reasons Why Stocks May Be on the Verge of a Breakout

3 Reasons Why Stocks May Be on the Verge of a Breakout

Stocks climbed again last week as investors kept piling into the technology sector. Is a breakout coming next? The S&P 500 rose 1.8 percent between Thursday, July 2, and Friday, July 10. The index closed at its highest level in a month as the economy improved and...