— Goldman Sachs is getting clobbered on earnings, but there's still a reasonable long setup on the dip. Here's where. — By Bret Kenwell , TheStreet.com Unfortunately for investors in Goldman Sachs (GS), the stock is continuing the pattern we've seen with a few of its peers when they started reporting earnings last week. Like JPMorgan (JPM) did last week...
No, it's not the next chapter of the Sex and the City reboot now called And Just Like That. Rather, just like that, after Tuesday's drubbing the stock market is either hanging by a thread, or over the cliff already. It's something we mentioned on Sunday's Weekly Market Outlook… the prospect that both the S&P 500 as well as the...
No, it's not the next chapter of the Sex and the City reboot now called And Just Like That. Rather, just like that, after Tuesday's drubbing the stock market is either hanging by a thread, or over the cliff already. It's something we mentioned on Sunday's Weekly Market Outlook… the prospect that both the S&P 500 as well as the...
Early this month we explained how shares of grocery store chain Kroger (KR) appeared to have more upside ahead. Although the purpose of that commentary was to point out how the stock's history could help us figure out its future, certainly a few people borrowed the idea for a real trade too. And, that's fine. You secured about three points...
Early this month we explained how shares of grocery store chain Kroger (KR) appeared to have more upside ahead. Although the purpose of that commentary was to point out how the stock's history could help us figure out its future, certainly a few people borrowed the idea for a real trade too. And, that's fine. You secured about three points...
The market snapped back from Friday's intraday loss to close the bulk of last week's setback, although it still closed a tad in the red for the five-day stretch. Good thing too, since any further losses would have pulled the indices under major technical support. Nevertheless, the market remains within striking distance of its key floors; one or two more...
The market snapped back from Friday's intraday loss to close the bulk of last week's setback, although it still closed a tad in the red for the five-day stretch. Good thing too, since any further losses would have pulled the indices under major technical support. Nevertheless, the market remains within striking distance of its key floors; one or two more...
— JPMorgan will report earnings before the open on Friday. With financials trading well, bulls are hopeful for new highs. Here are the levels to know. — By Bret Kenwell, TheStreet.com Delta Air Lines (DAL) unofficially kicked off earnings season by reporting before the open. Those shares are up on the day and investors are hoping it's the start of...
— AMD stock was on fire in 2021, but cooled off coming into 2022. Let's look at Monday's dip, which appears to be a buying opportunity. — By Bret Kenwell, TheStreet.com Shares of Advanced Micro Devices (AMD) finally felt the pinch and have been selling off. Including today, shares are down in four of the past five sessions, with its...
With nothing more than a passing glance it would be easy to look past Monday's market action and simply plan on checking back in on Tuesday. The NASDAQ Composite essentially broke even, and though the S&P 500 and the Dow logged measurable losses, neither made major breakdowns in terms of closing prices. If you take a few extra moments to...
