Stocks logged a slight gain last week, reversing the prior week's similarly-slight loss. But, as was cautioned a week ago, it's clear the market's big gains since March — and even since early November – are weighing things down. It's possible the only thing still pushing stocks upward at this time is the calendar. This is a bullish time of...
Stocks logged a slight gain last week, reversing the prior week's similarly-slight loss. But, as was cautioned a week ago, it's clear the market's big gains since March — and even since early November – are weighing things down. It's possible the only thing still pushing stocks upward at this time is the calendar. This is a bullish time of...
Bitcoin prices have been exploding higher. I would love to see the cryptocurrency catch its breath and make a run toward $30,000. By Bret Kenwell, TheStreet.com Bitcoin remains red hot. While the cryptocurrency was flat on Friday, bulls have to be happy with the way it's holding up. For a volatile asset like bitcoin, the word "flat" isn't often used...
The market may be well up from its March lows, having reached record highs this past week. But, it's not been an evenly-distributed recovery…not by a long shot. The graphic below tells the tale, comparing the performances of all the major market stratifications. Large caps, as proxied by the S&P 500 index, is up 67% from March's bottom, but large...
The market may be well up from its March lows, having reached record highs this past week. But, it's not been an evenly-distributed recovery…not by a long shot. The graphic below tells the tale, comparing the performances of all the major market stratifications. Large caps, as proxied by the S&P 500 index, is up 67% from March's bottom, but large...
— Twitter is hitting new 2020 highs as J.P. Morgan analysts name it a top pick. Let's look at where the stock can go from here. — By Bret Kenwell, TheStreet.com Twitter (TWTR) shares were running higher on Wednesday, up 3% and hitting new 2020 highs. Not only were shares making fresh year-to-date highs, the stock is now climbing to...
By Keris Lahiff, CNBC The Nasdaq 100 is about to look a little different. In its annual rebalancing scheduled for the end of the week, the index will trade Monday with new components Match, American Electric Power and Peloton among others and removes stocks such as Ulta, Citrix and Take-Two. Ahead of the shake-up, Mark Tepper, president of Strategic Wealth...
We knew headed into last week things were going to be tough. Stocks were already overbought, and traders were really relying on another round of stimulus checks coming through. That didn't happen, and traders flinched. The peak happened right where it should have happened too, suggesting traders had psychologically (and perhaps even unconsciously) actually planned a pullback here a while...
We knew headed into last week things were going to be tough. Stocks were already overbought, and traders were really relying on another round of stimulus checks coming through. That didn't happen, and traders flinched. The peak happened right where it should have happened too, suggesting traders had psychologically (and perhaps even unconsciously) actually planned a pullback here a while...
By Keris Lahiff, CNBC Palantir's rally could be on pause. The stock was volatile on Tuesday, a day after a monster rally triggered by the company clinching a $44 million contract with the Food and Drug Administration. The stock remains up more than 200% since its September market debut. Mark Tepper, president of Strategic Wealth Partners, told CNBC on Tuesday...
