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Troubled Trio? Why These Megacaps Are Faltering in 2024

Troubled Trio? Why These Megacaps Are Faltering in 2024

The stock market is off to a roaring start in 2024, but three former leaders might be left behind. Apple (AAPL), Tesla (TSLA) and Alphabet (GOOGL) have dropped in recent weeks as the S&P 500 and Nasdaq-100 rallied to new highs. They're now below chart levels that...

Microsoft and Toyota Break Out as Apple and Tesla Stall

Microsoft and Toyota Break Out as Apple and Tesla Stall

Apple and Tesla have been two of the best performing large stocks for years. But now they may be falling behind two major rivals: Microsoft and Toyota Motor. The charts below demonstrate how AAPL and TSLA remain trapped under recent highs, while MSFT and TM have...

Netflix Leads Market to New Highs Before Fed Meeting

Netflix Leads Market to New Highs Before Fed Meeting

The stock market set a new record last week, led by communication companies like Netflix, Comcast and Alphabet. The S&P 500 rose 1.1 percent between Friday, January 19, and Friday, January 26. It was the third straight positive week, bringing the index above 4900...

Stocks Set Another Record as Rates Fall and Earnings Begin

Stocks Set Another Record as Rates Fall and Earnings Begin

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...

Higher Rates, Geopolitical Risks Keep Stocks Under Pressure

Higher Rates, Geopolitical Risks Keep Stocks Under Pressure

Stocks face continued pressure as interest rates rise and geopolitical risks mount. The S&P 500 fell 2.4 percent between Friday, October 13, and Friday, October 20. The index ended the week at its lowest level since June 1, erasing all its gains since Congress...

Fed Hammers Stocks to a Key Level as the Quarter Winds Down

Fed Hammers Stocks to a Key Level as the Quarter Winds Down

Stocks are headed for a losing quarter after hawkish policy from the Federal Reserve hammered prices to a key level. The S&P 500 fell 2.9 percent between Friday, September 15, and Friday, September 22. It was the index's third straight losing week and its biggest...

Will the Fed Signal a Pause? Investors Are Waiting

Will the Fed Signal a Pause? Investors Are Waiting

Stocks could be tightening into a range as investors wait for another big Federal Reserve meeting. The S&P 500 fell 0.2 percent between Friday, September 8, and Friday, September 15. It was the second straight negative week, and the second consecutive week that...

Chart of the Day: Tesla Could Be Accelerating

Chart of the Day: Tesla Could Be Accelerating

Tesla skidded lower after its last earnings report on July 19, but now the EV giant could be turning a corner. The first pattern on today's chart is the dive toward $212 on August 18. It was the lowest level in more than two months, but TSLA gapped back to the upside...

Stocks Are Trying to Stabilize Before a Trio of Major Economic Events

Stocks Are Trying to Stabilize Before a Trio of Major Economic Events

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...