Despite a rather bearish first trading day of the new year, stocks logged a great first full week. By the time Friday's closing bell rang the S&P 500 had rallied 1.8% from 2020's close, reaching record highs (again) to end the week in question. Fresh certainty regarding the country's 2020 election and subsequent runoff races was celebrated, regardless of any...
Despite a rather bearish first trading day of the new year, stocks logged a great first full week. By the time Friday's closing bell rang the S&P 500 had rallied 1.8% from 2020's close, reaching record highs (again) to end the week in question. Fresh certainty regarding the country's 2020 election and subsequent runoff races was celebrated, regardless of any...
– There's no quit in PLUG, a leader in building out the 'hydrogen' economy – By Stephen "Sarge" Guilfoyle, TheStreet.com Let's start at the beginning. About a year ago, the South Korean government announced the "Hydrogen Economy Roadmap" that lays out an ambitious green agenda to run through the year 2040. Fast forward all the way to Wednesday night. Plug...
By Lizzy Gurdus, CNBC Could the consumer be key to 2021 stock market gains? Wednesday's market action brought that question to the fore as the Consumer Discretionary Select Sector SPDR Fund (XLY) and SPDR S&P Retail ETF (XRT) hit all-time highs. Tesla and Starbucks, prominent holdings in XLY, were the subjects of some optimistic analyst calls: Morgan Stanley raised its...
– Alphabet stock has had a mixed year when compared to its peers. In Q4 though, it has been a leader. Can that momentum fuel it to $2,000? – By Bret Kenwell, TheStreet.com Alphabet (GOOGL) (GOOG) stock is slightly higher on Thursday, up 0.6% on the last trading day of 2020. While the world is collectively ready to see the...
Given the timbre of most of this year, it can't be surprising that the market finished 2020 on a high note. Traders took a brief break from their buying early in the week, but when forced to make the decisions, most people decided they'd rather start the new year with existing positions instead of waiting to add them as we...
Given the timbre of most of this year, it can't be surprising that the market finished 2020 on a high note. Traders took a brief break from their buying early in the week, but when forced to make the decisions, most people decided they'd rather start the new year with existing positions instead of waiting to add them as we...
Santa Claus came to Wall Street this year, but he didn't show up with a sack full of presents… it was only half full. The S&P 500 logged a lackluster 1.8% recovery from Monday's low following a lousy opening to the week, but that still left the index down just a hair for the holiday-shortened week. Mostly, traders were disinterested....
Santa Claus came to Wall Street this year, but he didn't show up with a sack full of presents… it was only half full. The S&P 500 logged a lackluster 1.8% recovery from Monday's low following a lousy opening to the week, but that still left the index down just a hair for the holiday-shortened week. Mostly, traders were disinterested....
By Keris Lahiff, CNBC Last week, trader Todd Gordon added to his position in hot semiconductor stock Nvidia. This week, he's looking to unload two of his top performers that he said have run their course. "Two stocks that you might find surprising are going to be kicked out [of my portfolio]," Gordon, founder of TradingAnalysis.com, told CNBC's "Trading Nation"...
