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...
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...
By Bret Kenwell, TheStreet.com Fastly (FSLY) was getting decimated, down more than 20% on the day, after reporting first-quarter earnings. Anyone who has followed this stock from its pre-coronavirus days – like me – knows it's been a volatile ride. That being said, the market was taken off-guard by the company's quarterly update. The company reported in-line revenue and missed...
It could have been worse. While the S&P 500 ended Tuesday's trading down 0.67%, at one point during the day it was as much as 1.5%. The intraday reversal offers a glimmer of hope that the market may be ready to hammer out a bigger rebound. The bearish gap left behind at the open only bolsters the argument for a...
It could have been worse. While the S&P 500 ended Tuesday's trading down 0.67%, at one point during the day it was as much as 1.5%. The intraday reversal offers a glimmer of hope that the market may be ready to hammer out a bigger rebound. The bearish gap left behind at the open only bolsters the argument for a...
By Lizzy Gurdus, CNBC In volatile markets, charts can help cut through the noise. With stocks starting May on a choppy note, two technical traders took to CNBC's "Trading Nation" on Monday to highlight the names best positioned to advance this month based on their charts. Katie Stockton, founder and managing partner of Fairlead Strategies, found a lot to like...
By Ernestine Siu, CNBC Energy has gone from first to worst. Energy stocks sank Friday, ending April as the month's worst-performing sector despite slightly stronger-than-expected earnings from oil giants Exxon Mobil and Chevron. It is nevertheless the top-performing sector for 2021, up nearly 30%. In an interview Friday with CNBC's "Trading Nation," Craig Johnson, senior technical research analyst at Piper...
