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...
— Bank of America is falling despite beating earnings and revenue expectations. Here's the level it has to hold now. — By Bret Kenwell, TheStreet.com The earnings have continued to roll in, with Bank of America (BAC) and Citigroup (C) stepping up to the plate Thursday. The reports followed the start of earnings season from Wednesday, when Wells Fargo (WFC),...
By Lizzy Gurdus, CNBC Facebook or Snap? This week analyst's from Wedbush breathed new life into the rivalry, downgrading Facebook on concerns around Apple's new privacy measures and upgrading Snap with a nod to its innovative platform and younger customer base. Two market analysts would take the other side of the trade, they told CNBC's "Trading Nation" on Wednesday. "I...
How does the old saying go? Two heads are better than one? It's not always true, but the point is well taken. Sometimes one person sees something another person may not see, and as such, capable of steering the duo away from trouble or perhaps into an unnoticed opportunity. The idea applies to trading too… in a sense. While most...
How does the old saying go? Two heads are better than one? It's not always true, but the point is well taken. Sometimes one person sees something another person may not see, and as such, capable of steering the duo away from trouble or perhaps into an unnoticed opportunity. The idea applies to trading too… in a sense. While most...
By Keris Lahiff, CNBC The S&P 500 kicked off Monday close to record highs set last week. The stocks that led the benchmark index higher in recent days were a diverse bunch – Norwegian Cruise Lines, Twitter, PayPal and Tapestry were among the biggest gainers in the past week. Danielle Shay, director of options at Simpler Trading, splits those four...
— Other FAANG stocks are hitting new highs. Is Apple about to as well? Shares are moving over last month's high, a good sign for buyers — By Bret Kenwell, TheStreet.com Apple (AAPL) was moving nicely on Friday, up about 0.5% as investors bought the quick morning dip. How it closes will be a different story, but for now the...
