Trading Amazon Stock Into Next Week’s Prime Sale

— Amazon will hold its second Prime sale of the year later this month. Here's how the charts are shaping up now. — By Bret Kenwell, TheStreet.com Amazon (AMZN) has been a really interesting stock so far this year. And it is starting to show some resilience. Perhaps that resilience stems from the approaching holiday season. Maybe it's that the...

Big Bounce? Don’t Read Too Much Into Monday’s and Tuesday’s Action.

Yes, the bulls are rockin' and rollin' here. The S&P 500 just logged its best two-day gain since April of 2020, rallying 5.7% from Friday's close. The move offers a glimmer of hope for those traders who lost it after last Friday's tumble under some key technical floors. Just don't jump to any sweeping conclusions about what you think it...

Big Bounce? Don’t Read Too Much Into Monday’s and Tuesday’s Action.

Yes, the bulls are rockin' and rollin' here. The S&P 500 just logged its best two-day gain since April of 2020, rallying 5.7% from Friday's close. The move offers a glimmer of hope for those traders who lost it after last Friday's tumble under some key technical floors. Just don't jump to any sweeping conclusions about what you think it...

Weekly Market Outlook – There’s a Silver Lining Behind This Dark Cloud

The bulls tried their best, pushing stocks into the black for a short while last week following the previous week's crash. When push came to shove though, it was the bears doing most of the shoving. The market ended last week on a bearish foot, and below some key lines in the sand. Except, there's one small glimmer of hope...

Weekly Market Outlook – There’s a Silver Lining Behind This Dark Cloud

The bulls tried their best, pushing stocks into the black for a short while last week following the previous week's crash. When push came to shove though, it was the bears doing most of the shoving. The market ended last week on a bearish foot, and below some key lines in the sand. Except, there's one small glimmer of hope...

Rite Aid Could Test 2009 Bear-Market Lows. Here’s the Chart.

— Rite Aid stock is getting hit on the earnings report, sending the stock down near 2022 lows. And it's not that far from the 2009 lows. — By Bret Kenwell, TheStreet.com Shares of Rite Aid (RAD) on Thursday have lost more than a quarter of their value after the drugstore chain reported earnings. Of course, the broad stock market...

As Of Tuesday, Stocks Are (Still) Hanging By a Thread

The market's in the red for the week, losing ground on Monday and then giving up intraday gains on Tuesday. The S&P 500, however, still hasn't broken below the major technical floor that's staving off another serious round of selling. We mentioned it in Sunday's Weekly Market Outlook but it bears repeating now… the S&P 500 is dancing with support...

As Of Tuesday, Stocks Are (Still) Hanging By a Thread

The market's in the red for the week, losing ground on Monday and then giving up intraday gains on Tuesday. The S&P 500, however, still hasn't broken below the major technical floor that's staving off another serious round of selling. We mentioned it in Sunday's Weekly Market Outlook but it bears repeating now… the S&P 500 is dancing with support...

Tesla Chart Faces Key Hurdle. Here’s What Happens If It Fails.

— Tesla stock faces a key hurdle on the charts. Here's what happens if resistance rejects it. — By Bret Kenwell,TheStreet.com Tesla (TSLA),Apple (AAPL) and a handful of other stocks have shown relative strength in the face of the recent stock market decline. That may be coming to an end as the bear market dials up the heat, as it's...
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