– Apple is starting to look better on the long side. Is it breaking out and does that make it a buy? Let's look at the chart. – By Bret Kenwell, TheStreet.com Apple (AAPL) has had a busy couple of weeks and its stock has struggled. The latest version of Its flagship device, the iPhone, was unveiled in October. Then...
Unfazed by election drama, traders plowed back into stocks last week, wiping away the previous week's huge loss with an even bigger gain. In fact, last week's 7.3% advance was the biggest weekly win for the S&P 500 since April, when stocks were first coming out of the coronavirus-inspired meltdown. The market's back within sight of record levels. Good luck...
Unfazed by election drama, traders plowed back into stocks last week, wiping away the previous week's huge loss with an even bigger gain. In fact, last week's 7.3% advance was the biggest weekly win for the S&P 500 since April, when stocks were first coming out of the coronavirus-inspired meltdown. The market's back within sight of record levels. Good luck...
– It's been a busy week for the bulls, as the S&P 500 works on its fifth straight weekly gain. Are stocks a buy after the election? – By Bret Kenwell, TheStreet.com What a week it has been in the stock market, given that the presidential vote count has dragged out for multiple days. If you're trading and made money...
By Lizzy Gurdus, CNBC It could be time to turn to trucking. As industrial stocks slowly pick up steam, up 6% since Monday and over 4% in the last month, they present an attractive alternative to this year's soaring technology trade, TradingAnalysis.com founder Todd Gordon told CNBC's "Trading Nation" on Thursday. "On a month-over-month basis, on a sector rotation model...
Stocks were overbought and ripe for a correction anyway. A lack of a stimulus and a resurgence of COVID-19 gave traders all the reason they needed to get one going. It may not be over yet either. Or, maybe it is. The last two months of the year are typically good ones, and the government has been rather responsive when...
Stocks were overbought and ripe for a correction anyway. A lack of a stimulus and a resurgence of COVID-19 gave traders all the reason they needed to get one going. It may not be over yet either. Or, maybe it is. The last two months of the year are typically good ones, and the government has been rather responsive when...
Wednesday's steep selloff was contained on Friday, even if not unwound. The market stopped the bleeding, and that was enough for the time being. Traders aren't going to sit on the fence for very long though, if they do so any longer at all. For better or worse, the bulls and/or the bears are going to have to show their...
Wednesday's steep selloff was contained on Friday, even if not unwound. The market stopped the bleeding, and that was enough for the time being. Traders aren't going to sit on the fence for very long though, if they do so any longer at all. For better or worse, the bulls and/or the bears are going to have to show their...
– Pinterest stock is ripping higher, rallying more than 40% at one point on better-than-expected earnings. Here's how to trade it now. – By Bret Kenwell, TheStreet.com First it was Snap (SNAP) with the explosive earnings rally. Now it's Pinterest's (PINS) turn in the spotlight. The graphics-focused social-media company's shares are up 28% on the day, after sporting gains as...
