Determined to keep the bigger rally alive, the bulls shrugged off the weakness from two weeks back to log a gain for last week, pushing stocks to a record high (and record high close) in the process… even the NASDAQ, which had been lagging. It's the wrong time of year and wrong situation for bullishness, but as the old saying...
Determined to keep the bigger rally alive, the bulls shrugged off the weakness from two weeks back to log a gain for last week, pushing stocks to a record high (and record high close) in the process… even the NASDAQ, which had been lagging. It's the wrong time of year and wrong situation for bullishness, but as the old saying...
By Keris Lahiff, CNBC MoffettNathanson weighed in on the video game stocks, giving Take-Two and Activision buy ratings and Electronic Arts a neutral. Analysts on Thursday highlighted three "mega trends" over the past decade: digital distribution, in-game purchases and successful franchises such as Activision's World of Warcraft and Take-Two's Grand Theft Auto. But, while markets have reached records, these stocks...
— "The market looks to have digested most negative news during the recent sell-off from $41,000 to $29,000," one analyst said. — By Omkar Godbole, Coindesk While bitcoin (BTC) seems to have found a bottom, a quick rally to record highs looks unlikely, analysts told CoinDesk on Wednesday, saying the cryptocurrency now faces price consolidation. "Bitcoin looks to have bottomed...
— Amazon stock has been trading incredibly well ahead of Prime Day. Are new highs coming? Here's how the stock is setting up now. — By Bret Kenwell, TheStreet.com It's been months since we've seen a strong, sustained rally in Amazon (AMZN). Scratch that – it's been quarters since we've seen the stock really put on a show. Despite two...
The previous week started out bullishly enough, with the S&P 500 mustering another record-high close on Monday. With the weight of all the recent gains increasingly bearing down though (not to mention the calendar – this is usually a lethargic time of year), it was just too much. Stocks logged their first weekly loss in the past four. Perhaps worse...
The previous week started out bullishly enough, with the S&P 500 mustering another record-high close on Monday. With the weight of all the recent gains increasingly bearing down though (not to mention the calendar – this is usually a lethargic time of year), it was just too much. Stocks logged their first weekly loss in the past four. Perhaps worse...
— Apple is finally showing some signs of life but will it be enough to force a run to new highs? Let's take a look at the chart — By Bret Kenwell, TheStreet.com Apple (AAPL) has been a bit perplexing over the last several quarters. Despite its sleepy price action over the past few months, the stock turned some heads...
— Nvidia has been ripping higher over the past month, easily running to new all-time highs. How far can it go from here? — By Bret Kenwell, TheStreet.com Nvidia (NVDA) shares have finally been giving bulls something to cheer about as the stock scorches higher. Just like most of big tech, Nvidia topped in early September, hitting roughly $588 a...
Yes, stocks managed to eke out a small gain on Monday, and the S&P 500 even logged a new record high; the NASDAQ Composite came close. If the move's got you bullishly motivated though, take a step back and rethink things. Not all is as it seems on the surface. Monday's gains are not nearly as well-supported or as robust...
