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Stocks Pause at Key Levels Everyone’s Talking About

Stocks Pause at Key Levels Everyone’s Talking About

Stocks kept testing a key resistance level last week amid signs of a potential economic slowdown. The S&P 500 rose 0.4 percent between Friday, February 22, and Friday, March 1. That helped deliver a 3 percent gain for February. It was also the ninth positive week...

Consumer Comebacks and New Tech Breakouts: Earnings This Week

Consumer Comebacks and New Tech Breakouts: Earnings This Week

The last week of earnings season showed forgotten consumer stocks roaring back as prominent technology names fumbled. However, new disruptors continue to emerge. The consumer theme stands out the most as companies like Anheuser-Busch InBev (BUD), J.C. Penney (JCP) and...

Market Action summary: 8/20/18

Market Action summary: 8/20/18

Click here to register for the webinar. S&P 500 overview: Bears running out of space after 2800 support held. Breadth improving, shown by RSP vs SPY. Transports gaining. Notice $DJT follow-through today after high close on Friday. China progress/impasse the next...

PCs Rebound: Are Dinosaurs Rising in Tech?

PCs Rebound: Are Dinosaurs Rising in Tech?

This week saw surprising news for the technology sector. PCs are growing again. Yesterday, two major research firms both announced that PC shipments rose in the second quarter for the first time in six years. IDC reported a gain of 2.7 percent year-over-year, crushing...

Get Ready for the Dog Days of Summer

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.