By Keris Lahiff, CNBC The Dow Jones Industrial Average hit a major milestone: The blue-chip index turned 125 years old. Of course, the DJIA looks quite different now than when it was first published in The Wall Street Journal on May 26, 1896. None of the 12 original components remain, and its 30 members now include companies that were created...
By Keris Lahiff, CNBC Semiconductor stocks led the tech sector rally to begin the week. The SMH semiconductor ETF, which tracks the major chipmakers, rose more than 2% on Monday, outpacing the XLK technology ETF and broader S&P 500. The group has been on watch as supply chain disruptions have squeezed industries ranging from automobiles to household appliances. Ari Wald,...
Once again the bulls were tested, and once again they fought back when they were dangerously close to the edge of the cliff. And, once again they failed make a decisive bullish move that shakes off the marketwide lethargy. Translation? A corrective move is still a distinct possibility. Stocks just continue to ride the fence. As was the case a...
Once again the bulls were tested, and once again they fought back when they were dangerously close to the edge of the cliff. And, once again they failed make a decisive bullish move that shakes off the marketwide lethargy. Translation? A corrective move is still a distinct possibility. Stocks just continue to ride the fence. As was the case a...
By Jim Wyckoff, Kitco Gold and silver prices are modestly lower in early morning U.S. trading Friday, on routine downside corrections in uptrends and some profit taking heading into the weekend, after hitting 3.5-month highs earlier this week. June gold futures were last down $2.50 at $1,879.30 and July Comex silver was last down $0.142 at $27.925 an ounce. Global...
— Lowe's is moving lower after its earnings report. After the stock's big rally, that's no surprise. Here's where to consider going long. — By Bret Kenwell, TheStreet.com Lowe's (LOW) is not doing well on Wednesday, down 2% after the home-improvement retailer reported earnings. That reaction should come as very little surprise, for several reasons. First, it doesn't help that...
Last week we started an instructive dive into debit spread trades, using a real-life example from our Debit Spread Options Advisory. Namely, we dissected why we were bullish on Caesars Entertainment (CZR) back on April 20th, and why we opted to purchase the 83 calls expiring a week and a half later and at the same time chose to sell...
Last week we started an instructive dive into debit spread trades, using a real-life example from our Debit Spread Options Advisory. Namely, we dissected why we were bullish on Caesars Entertainment (CZR) back on April 20th, and why we opted to purchase the 83 calls expiring a week and a half later and at the same time chose to sell...
As was predicted, Monday's and Wednesday's drubbings were so bad, stocks bounced pretty firmly on Thursday and Friday. Don't get too excited just yet though. As big as the rebound move was, it didn't lift any of the indices above any of their key lines in the sand. The bulls still have much to prove, and they still have to...
As was predicted, Monday's and Wednesday's drubbings were so bad, stocks bounced pretty firmly on Thursday and Friday. Don't get too excited just yet though. As big as the rebound move was, it didn't lift any of the indices above any of their key lines in the sand. The bulls still have much to prove, and they still have to...
