Happy Derby! After last year's 80-to-1 Rich Strike shocked the world with the second biggest upset on record (Donerail won at 91-1 in 1913) , it has us looking at who will be next to win the greatest 2 minutes in sports on the first Saturday of May. The weather should be perfect without any worries of rain. Let's start...
As of Tuesday's close, the S&P 500 is down 25% from its January high… five percentage points past what technically qualifies as a bear market, and following two consecutive quarters of negative GDP growth. Nevertheless, the concerns about the market's foreseeable future just now feel like they're being voiced. Ark Funds' Cathie Wood penned a public letter to the Fed...
As of Tuesday's close, the S&P 500 is down 25% from its January high… five percentage points past what technically qualifies as a bear market, and following two consecutive quarters of negative GDP growth. Nevertheless, the concerns about the market's foreseeable future just now feel like they're being voiced. Ark Funds' Cathie Wood penned a public letter to the Fed...
— Amazon stock is working on its sixth straight daily rally ahead of its 20-for-1 stock split. Here's what the charts say now. — By Bret Kenwell, TheStreet.com Shares of Amazon (AMZN) have spent most of the year down in the dumps, as it suffered a peak-to-trough decline of 46%. That, however, has not been the case lately. The stock...
For a brief period since mid-March it seemed like stocks were going to bounce back from their prior pullback. All told, the NASDAQ Composite tumbled 22% from its November peak to its March low. That's a correction – technically a bear market – but the composite also rallied nearly 17% from that low its high hit on March 29th. That...
For a brief period since mid-March it seemed like stocks were going to bounce back from their prior pullback. All told, the NASDAQ Composite tumbled 22% from its November peak to its March low. That's a correction – technically a bear market – but the composite also rallied nearly 17% from that low its high hit on March 29th. That...
— Risk appetite is on the rise, and it's boosting semiconductor stocks — By Tyler Craig, Tales of a Technician (From Investorplace) Semiconductor stocks lit up the screen Thursday, and bulls everywhere should be rejoicing. These growth stocks have long been a mainstay among the momentum crowd, and their return to favor has bullish implications for market sentiment. I found...
Happy Derby! I am so glad to see the Derby back on the first Saturday of May, after last year's September running won by the impressive champion Authentic. It's always my great pleasure to share my annual Kentucky Derby selections and commentary. First, let's start off with an updated table of past Derby winners below, with their speed ratings and final...
By Lizzy Gurdus, CNBC Some of 2020's outperformers are seeing a December disconnect. Shares of Salesforce.com, FedEx, D.R. Horton, Regeneron and Costco have fallen under pressure this month despite beating the S&P 500's 15% year-to-date gain: Two market analysts told CNBC's "Trading Nation" on Tuesday that these were simply "overdue" pullbacks for a group of largely investable names. "Although they're...
Happy Derby! It's always my great pleasure to share my annual Kentucky Derby selections and commentary. First, let's start off with an updated table of past Derby winners below, with their speed ratings and final tune-up race. My analysis of past data indicates that horses with strong 100+ speed ratings in preparatory races have a better probability of winning the...