By Keris Lahiff, CNBC President Biden's infrastructure plan is a boon for clean energy, and one unsuspecting winner could be General Electric. The company's investments in wind turbines are beginning to challenge Siemens and Vestas Wind Systems among others. CEO Larry Culp has made renewable energy a big priority – GE projects the segment will post revenue growth in the...
On the surface the bulls got what they wanted. Stocks ended the holiday-shortened week on a high note, with the S&P 500 making a record high and record high close late Thursday. The NASDAQ fared even better, pushing up and off of the technical support we discussed a week ago. And, at all happened at the beginning of April… a...
On the surface the bulls got what they wanted. Stocks ended the holiday-shortened week on a high note, with the S&P 500 making a record high and record high close late Thursday. The NASDAQ fared even better, pushing up and off of the technical support we discussed a week ago. And, at all happened at the beginning of April… a...
— Micron is rallying on earnings but hasn't broken out over resistance. Let's look at the chart to see the key levels from here — By Bret Kenwell, TheStreet.com Micron (MU) stock was rallying on Thursday, the last trading day of the week, up about 5% after better-than-expected earnings. While the stock was gaining, it was having trouble garnering enough...
Whether you're an option trading veteran or a newcomer, you've likely come across the term "gamma." And, whether you're an option trading veteran or newcomer, you've likely looked right past it to focus on the more approachable and less esoteric matters to trading. And that's ok. Plenty of traders find good success without mastering these less-used "Greek." On the other...
Whether you're an option trading veteran or a newcomer, you've likely come across the term "gamma." And, whether you're an option trading veteran or newcomer, you've likely looked right past it to focus on the more approachable and less esoteric matters to trading. And that's ok. Plenty of traders find good success without mastering these less-used "Greek." On the other...
By Lizzy Gurdus, CNBC Bitcoin's breakout might be short-lived, according to one strategist. The cryptocurrency gained nearly 2% on Tuesday, helped in part by PayPal rolling out crypto-friendly online checkout services at millions of its global partners. "I think most of these things are very gimmicky right now," Boris Schlossberg, managing director of FX strategy at BK Asset Management, said...
Trading is a funny business. It's deceptively simple – buy low and sell high. Yet, in an effort to find and manage successful trades, the conversations inside your head can be deafening, not to mention distracting. Far too many traders talk themselves out of good trades, yet justify sticking with bad ones. There's a cure for these trading blues that...
Trading is a funny business. It's deceptively simple – buy low and sell high. Yet, in an effort to find and manage successful trades, the conversations inside your head can be deafening, not to mention distracting. Far too many traders talk themselves out of good trades, yet justify sticking with bad ones. There's a cure for these trading blues that...
— Lululemon Athletica is set to report earnings after the close of trading Tuesday. Let's look at the chart to get an idea of how to trade the stock — By Bret Kenwell, TheStreet.com Lululemon Athletica (LULU) is on traders' radar Tuesday as the company gears up to report earnings after the close of trading. While we're out of the...