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Stocks Keep Sliding as Inflation Squeezes Profits and Consumers

Stocks Keep Sliding as Inflation Squeezes Profits and Consumers

Stocks fell again last week as investors see more risk from the war in Ukraine and rising inflation. The S&P 500 slid 2.9 percent between Friday, March 4, and Friday, March 11. It was the fourth decline in the last five weeks, miring the index at levels from...

Technical Analysis: This Data Storage Company Is Breaking Its Downtrend

Technical Analysis: This Data Storage Company Is Breaking Its Downtrend

Seagate Technology has spent the last five months pulling back. But now it may be turning around. The main pattern on today's chart is the descending trendline that started in May and ran along the peaks of August and September. Notice how STX closed above that line...