The official counting may not be over for weeks. But, enough ballots have been counted to know our political leaders are pretty evenly distributed among both major parties… ensuring little will get done at least for the last couple of years of President Biden's first term as U.S. President. It's a situation called gridlock. But, that's not necessarily a bad...
The official counting may not be over for weeks. But, enough ballots have been counted to know our political leaders are pretty evenly distributed among both major parties… ensuring little will get done at least for the last couple of years of President Biden's first term as U.S. President. It's a situation called gridlock. But, that's not necessarily a bad...
— Norwegian Cruise stock is trading higher on earnings. If it can maintain the gains, more upside could be in the cards. — By Bret Kenwell, TheStreet.com Norwegian Cruise Line (NCLH) is up about 5.5% so far on Tuesday, after the company reported earnings before the open. The company reported a top- and bottom-line beat, while its revenue outlook for...
— Block stock is rallying nicely on earnings and the levels for both bulls and bears are laid out clearly on the chart. — By Bret Kenwell, TheStreet.com Block (SQ) is in focus on Friday: The shares are up 12% after the company reported earnings on Thursday after the close. Last night, the payment-tech company delivered an earnings and revenue...
The market may have finished last week on a high note. But, it wasn't enough to wipe away the full-week loss. The S&P 500 fell 3.3% last week, reversing two very bullish weeks and at least partially dashing hopes for a firm, brisk recovery. And, stocks hit ceilings right where you'd expect them to. It's too soon to count the...
The market may have finished last week on a high note. But, it wasn't enough to wipe away the full-week loss. The S&P 500 fell 3.3% last week, reversing two very bullish weeks and at least partially dashing hopes for a firm, brisk recovery. And, stocks hit ceilings right where you'd expect them to. It's too soon to count the...
— Airbnb stock bulls must know this key support level on the chart if they are to stay long — By Bret Kenwell, TheStreet.com Airbnb (ABNB) investors aren't reacting favorably to the apartment-rental company's earnings, with the shares down almost 10%. The reaction comes after the company reported a top- and bottom-line beat as sales grew almost 29% year over...
Just when it looked like the market was easing into a full-blown breakout, WHAM! Something up-ends the effort. In this was it was the effective promise of more rate hikes despite Wednesday's 75-point basis hike… the fourth rate hike in as many scheduled opportunities to impose them. Then again, maybe that was what was going to happen anyway, with or...
Just when it looked like the market was easing into a full-blown breakout, WHAM! Something up-ends the effort. In this was it was the effective promise of more rate hikes despite Wednesday's 75-point basis hike… the fourth rate hike in as many scheduled opportunities to impose them. Then again, maybe that was what was going to happen anyway, with or...
— Pfizer is rallying after its earnings report, but the stock faces resistance. Above and the shares can continue to run. Below? Here's support. — By Bret Kenwell, TheStreet.com Pfizer (PFE) shares are higher on Tuesday, up about 3% so far on the day after the health-care stalwart reported earnings. The outperformance is not that notable on a percentage basis,...
