With just a superficial glance it looks like the market's rolling again, led by the FANG stocks. The NASDAQ Composite jumped 0.87% on Monday, and while that doesn't carry the tech-heavy index to record highs, the S&P 500 accomplished that feat in today's action. Equally telling is that the Dow lost ground, implying traders are turning in their blue chips...
With just a superficial glance it looks like the market's rolling again, led by the FANG stocks. The NASDAQ Composite jumped 0.87% on Monday, and while that doesn't carry the tech-heavy index to record highs, the S&P 500 accomplished that feat in today's action. Equally telling is that the Dow lost ground, implying traders are turning in their blue chips...
By Lizzy Gurdus, CNBC The FAANG stocks are in for an eventful week. Every high-profile technology stock in the group except Netflix is set to report earnings in coming days. Alphabet will report on Tuesday, Apple and Facebook on Wednesday and Amazon on Thursday. Netflix's post-earnings drop raised some concerns about how FAANG would fare this earnings season, but analysts...
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...
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...
