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2024 is entering its homestretch, and large-cap growth stocks could be making a comeback. Technology, communications and consumer discretionaries are the three best-performing sectors in the last month, according to TradeStation data. That's important for at least two...
Stocks keep making new highs as investors feel more confident about inflation and interest rates. The S&P 500 traded above 5150 for the first time, but inched lower to end last week down 0.3 percent. The Nasdaq-100 traded similarly, with chip stocks like Nvidia...
Nvidia and the AI boom keep driving stocks to new highs. Still, a long-awaited shift toward smaller companies may be starting. The S&P 500 rose 1.7 percent in the holiday-shortened week between Friday, February 16, and Friday, February 23. The index also crossed...
Stocks are nearing record highs as earning season begins. The S&P 500 rose 1.8 percent between Friday, January 5, and Friday, January 12. The index managed to hold a support level from mid-December and had its highest weekly close ever. The Dow Jones Industrial...
Stocks are trying to stabilize before three major economic events that could determine direction in coming months. The S&P 500 rose 0.8 percent between Friday, August 18, and Friday, August 25. It was the first gain in the last four weeks, supported by large-cap...
October is cybersecurity month, and a pioneering stock in the industry has come to life. FireEye (FEYE) has rallied 15 percent in the last two weeks and is having its best month in more than two years. A combination of takeover speculation, improved results and...
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...
Last week Zscaler (ZS) ripped to a new high on strong earnings. Today, it's Pivotal Software's (PVTL) turn. PVTL rose about 25 percent in morning trading to a new high after subscription revenue shot up 69 percent. Profit beat. Revenue beat. Guidance wowed. Never...
Stocks recovered from early losses last week as interest rates stabilized and money streamed into tech. A Friday-afternoon surge landed the S&P 500 back above its 50-day moving average, resulting in a 0.55 percent gain for the holiday-shortened span. The...