The broad market technically ended the week in the red, but just barely. The S&P 500 gave up 0.12% of its value last week thanks to Friday's bullishness, and perhaps more important, ended the week on a high note that could set the tone for the start of this week. Nevertheless, challenges linger ahead. Stocks remain overbought, overextended, and arguably...
By Keris Lahiff, CNBC Commodity prices are surging this year. Futures for lean hogs, corn, crude oil, gasoline and lumber have spiked in 2021, a sign that investors see the economic rebound as having roots. Futures contracts allow traders to lock in a price for a commodity and give insight into where they believe prices are headed. Lumber futures, for...
— Chipotle has been trading near its high. Here's how to trade it once the burrito chain reports earnings on Wednesday — By Bret Kenwell, TheStreet.com Chipotle Mexican Grill (CMG) is on investors' radar as the stock hovers near its highs and with earnings due up on Wednesday after the close. The stock has done quite well during the pandemic,...
— Most stock charts will give you subtle clues as to what traders are truly thinking. You just have to know where and what to look for — We're big fans of trading systems, as they take the emotion-supplied pitfalls out of trading and turn it into a process; emotionally-driven decisions tend to do more harm than good. We'd never...
— Most stock charts will give you subtle clues as to what traders are truly thinking. You just have to know where and what to look for — We're big fans of trading systems, as they take the emotion-supplied pitfalls out of trading and turn it into a process; emotionally-driven decisions tend to do more harm than good. We'd never...
— Netflix is set to report earnings on Tuesday. Here are the must-know levels to trade against once the stock is on the move — By Bret Kenwell, TheStreet.com For months now, I have been harping on about the consolidation we've been seeing in Netflix (NFLX) and other FAANG holdings. But we've started to see those consolidation phases resolve to...
Another week, another win. The broad market – as measured by the S&P 500 – rallied another 1.4% last week on the heels of a strong retail spending report for March, reaching a record high in the process. The NASDAQ didn't reach a new record, but logged a respectable 1.1% gain nonetheless. The Dow Jones blue chip index was up...
Another week, another win. The broad market – as measured by the S&P 500 – rallied another 1.4% last week on the heels of a strong retail spending report for March, reaching a record high in the process. The NASDAQ didn't reach a new record, but logged a respectable 1.1% gain nonetheless. The Dow Jones blue chip index was up...
It's fun to pick stocks, but the fact is, that's only a little more than half the battle. It's been said that 40% of a stock's movement merely reflects the movement of the sector it's a part of. Point being, if you pick the right sector then you're halfway home…so speak. With that as the backdrop, it's noteworthy that a...
It's fun to pick stocks, but the fact is, that's only a little more than half the battle. It's been said that 40% of a stock's movement merely reflects the movement of the sector it's a part of. Point being, if you pick the right sector then you're halfway home…so speak. With that as the backdrop, it's noteworthy that a...
