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Stocks Retreat Again. Is This the Pullback to Buy?

Stocks Retreat Again. Is This the Pullback to Buy?

Stocks fell again last week as investors took profits after five months of solid gains. The S&P 500 fell 2.5 percent in the holiday-shortened period between Friday, September 4 and Friday, September 11. It was the second straight negative week. Technology stocks...

S&P 500 Reclaims Key Level as Investors Hope for a Trade War Resolution

S&P 500 Reclaims Key Level as Investors Hope for a Trade War Resolution

Stocks kept climbing last week as President Trump and China moved closer to a trade deal -- potentially as soon as next month. The S&P 500 rose 1.8 percent between Friday, August 30, and Friday, September 6. The index also managed to get back above its 50-day...

Stocks Fall Again as Economic Fears Keep the Volatility Coming

Stocks Fall Again as Economic Fears Keep the Volatility Coming

Stocks fell again last week as economic fears continued, but the Federal Reserve may lift spirits soon. The S&P 500 declined 1 percent between Friday, August 9, and Friday, August 16. It was the third straight losing week and kept the index on pace for its second...

Stock Bulls Rest Amid Political, Economic Worries

Stock Bulls Rest Amid Political, Economic Worries

Stocks drifted last week as investors started worrying about politics and the global economy. The S&P 500 rose less than 0.1 percent between Friday, February 1, and Friday, February 8. It was only the sixth and smallest advance in the last seven weeks, following...

Turnarounds Get Rewarded: Earnings this Week

Turnarounds Get Rewarded: Earnings this Week

Investors like turnaround stories. That seems to be the message from the last week of corporate earnings. Consider two major retailers: Wal-Mart Stores (WMT) and Macy's (M). Both beat analysts' estimates, but moved in two very different directions. Why? It was all...

Retailers Blitz Higher Amid Earnings

Retailers Blitz Higher Amid Earnings

Forget about Turkey and tariffs. Bulls are flocking to U.S. retailers this week. Tapestry (TPR) and Advance Auto Parts (AAP) are leading the charge today. TPR, parent of Coach and Kate Spade, shot past estimates on strong hand-bag demand. The resulting 13 percent...

Don’s Notebook May 1, 2018

Don’s Notebook May 1, 2018

The Institute for Supply Management (ISM report) came in lower than Street consensus at 57.3 (vs. estimates of 57.5-60.) This survey asks purchasing managers about the general direction of production, new orders, order backlogs, their own inventories, customer...