Stocks hit a wall last week as bond yields rose and tariffs worries returned.
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Chart of the Day: Potential Uptrend in Newmont
Newmont has been climbing this year, and some traders may see further upside in the S&P 500’s only pure-play gold miner. The first pattern on today’s chart is the pullback since mid-April. The lower low, lower high and second lower low may be viewed as ... ...
Stocks Near Highs as Trade Policies Turn Bullish
Stocks are nearing their old highs as moves by the Trump Administration’s turn more favorable.
A Big Week for Stocks: Megacap Earnings, GDP, Jobs Data
Money is coming back to megacaps as the biggest week of earnings season begins. The S&P 500 slid 1 percent between Friday, October 18, and Friday, October 25. It was the index's first drop in seven weeks. However the Nasdaq-100 inched toward record highs, with its...
Stocks Pull Back Before Inflation Data and Earnings Season
Stocks began the second quarter with a pullback as investors worried about higher interest rates and geopolitical risk. The S&P 500 fell almost 1 percent between Thursday, March 28, and Friday, April 5. (Markets were closed on March 29.) It was the biggest weekly...
Nasdaq Powers to 3-Month High as Fears Keep Dissolving
Big growth stocks are continuing their rebound as fears dissolve and investors put money to work before yearend. The S&P 500 rose 1.3 percent between Friday, November 3, and Friday, November 10. The index was little changed for most of the week before clawing...
Growth Comeback? Nasdaq Surged Last Week Amid Banking Scares
Stocks face a confusing mix of positives and negatives, but the biggest story could be an unexpected surge in the Nasdaq-100. The technology-heavy index rallied 5.8 percent between Friday, March 10, and Friday March 17. In absolute terms, it was the biggest weekly...
Stocks Leapt Higher in July, But Will the Rally Continue this Month?
Stocks just finished their best month in over a year. Can they keep running in August? The S&P 500 climbed 4.3 percent in the week between Friday, July 22, and Friday, July 29. That helped lift the index 9.1 percent in July, giving the index its biggest monthly...
Stocks Break Support as Bears Spread from Big Tech to the Broader Market
Stocks just had their worst week since early in the pandemic as big indexes knifed through key support zones. The S&P 500 plunged 5.7 percent in the holiday-shortened week between Friday, January 14, and Friday, January 21. It was the biggest drop since mid-March...