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...
It wasn't much of a win, for the day or for the week. Nevertheless, the market's small gain on Friday was just enough to get at least one key index over a major technical hump following a week's worth of slow, painstaking progress. We're still battling the calendar; this is supposed to be a lethargic (if not bearish) time of...
It wasn't much of a win, for the day or for the week. Nevertheless, the market's small gain on Friday was just enough to get at least one key index over a major technical hump following a week's worth of slow, painstaking progress. We're still battling the calendar; this is supposed to be a lethargic (if not bearish) time of...
By Keris Lahiff, CNBC The S&P 500 came frustratingly close to a record high but failed to cross that hurdle. Still, several stocks have managed to make new highs this week, including ADP, Target, eBay, T-Mobile and Nvidia. Todd Gordon, founder of TradingAnalysis.com, told CNBC on Wednesday that one of those stocks should continue its hot streak on the back...
Will it, or won't it? The S&P 500 tested a key technical ceiling on Thursday, and for a brief period was even at an all-time record. The bulls backed off just a bit, however, to leave the index right at that make-or-break line without actually moving above it. On the other hand, the lull wasn't nearly enough to call it...
Will it, or won't it? The S&P 500 tested a key technical ceiling on Thursday, and for a brief period was even at an all-time record. The bulls backed off just a bit, however, to leave the index right at that make-or-break line without actually moving above it. On the other hand, the lull wasn't nearly enough to call it...
By Keris Lahiff, CNBC Emerging markets have been underperforming the S&P 500 this year, but Oppenheimer's Ari Wald sees a bullish development that stretches back to 2007. "The key point to our view here is that equity markets are broadening on a global scale," Oppenheimer's head of technical analysis told CNBC's "Trading Nation" on Monday. "We have the U.S. still...
— Stitch Fix is rallying on earnings but there are some concerns on the chart that need to be resolved. Here's what to watch now. — By Bret Kenwell, TheStreet.com Stitch Fix (SFIX) is enjoying its day in the sun, up 12% on Tuesday after reporting earnings. While shares are off the session high, Stitch Fix stock is set for...
Another week, another win. As was the case with the previous week's gain, however, last week's advance was minimal. Maybe it's the summer lull. Maybe traders are simply unconvinced that companies justify higher prices with their current valuations. Maybe it's a little both. Either way, last week's small win was bigger than the S&P 500's 0.6% gain would imply. That's...
Another week, another win. As was the case with the previous week's gain, however, last week's advance was minimal. Maybe it's the summer lull. Maybe traders are simply unconvinced that companies justify higher prices with their current valuations. Maybe it's a little both. Either way, last week's small win was bigger than the S&P 500's 0.6% gain would imply. That's...
