By Ernestine Siu, CNBC The FAANG stocks have taken a hit this week. Facebook, Amazon, Apple, Netflix, and Google parent Alphabet are tracking to close the week down by at least 3%, despite a slight rebound on Thursday. These tech and growth stocks have suffered from the sell-off triggered by rising inflation fears. With Big Tech taking a major hit,...
– At Wednesday's high, FuboTV stock was up almost 50% from the prior day's low. What's going on with this wild mover? – By Bret Kenwell, TheStreet.com FuboTV (FUBO) has been incredibly volatile over the past few days. Despite that volatility, the bulls are hoping that the bottom is in. The stock is up about 10% on Wednesday after the...
Was that "the big one?" The big tumble that kick-starts a cascade of profit-taking? The stage is certainly set for that sort of action following the NASDAQ's 115% gain from last March's low to last month's high. Perhaps more telling is that the NASDAQ's 2.7% tumble on Wednesday is the worst session in several weeks, dragging the composite 8.7% below...
Was that "the big one?" The big tumble that kick-starts a cascade of profit-taking? The stage is certainly set for that sort of action following the NASDAQ's 115% gain from last March's low to last month's high. Perhaps more telling is that the NASDAQ's 2.7% tumble on Wednesday is the worst session in several weeks, dragging the composite 8.7% below...
Are you looking for something a little less aggressive than your recent trades have been? How about a strategy with a lower risk, higher-odds profile… even at the expense of some upside? (After all, a reliable handful of small winners is just as good as the occasional homerun.) Option spread trades are one possibility. And don't let the fancy name...
Are you looking for something a little less aggressive than your recent trades have been? How about a strategy with a lower risk, higher-odds profile… even at the expense of some upside? (After all, a reliable handful of small winners is just as good as the occasional homerun.) Option spread trades are one possibility. And don't let the fancy name...
Stocks might have ended last week on a high note, but they didn't start the need week off on a bullish foot. The S&P 500 fell 1.04% on Monday, and the NASDAQ Composite was routed to the tune of 2.55%. Here's the kicker… every single FANG stock lost more ground than the NASDAQ did. This particularly poor/bearish leadership on behalf...
Stocks might have ended last week on a high note, but they didn't start the need week off on a bullish foot. The S&P 500 fell 1.04% on Monday, and the NASDAQ Composite was routed to the tune of 2.55%. Here's the kicker… every single FANG stock lost more ground than the NASDAQ did. This particularly poor/bearish leadership on behalf...
— Peloton is trying to bottom after a painful 50% correction. Can earnings and putting bad news behind it finally get Peloton to rebound? — By Bret Kenwell, TheStreet.com Peloton (PTON) has been caught up in an intense couple of days. Earnings just pours on additional volatility. Earlier in the week, Peloton announced a massive recall on its treadmill product....
The market continues to defy the odds, and the calendar. While it got off to a rough start last week, it finished strong, logging a record-high and record-high close on Friday. Traders just can't get enough, seeing the disappointing jobs report as a reason not to fear inflation, or rising interest rates meant to curb inflation. Maybe these buyers are...
