– We have not seen intraday action this narrow since the market correction began in February, and here's what that means. – By James "Rev Shark" Deporre, TheStreet Positive responses to earnings from Snap (SNAP) , Chipotle Mexican Grill (CMG) and Texas Instruments (TXN) provided a convenient reason to put some cash to work on Wednesday. The Covid-19 data continues...
The past three weeks have been filled with intense drama, incredible highs and lows, political battles that continue to this day, and millions of questions from people throughout the world. Throughout this COVID-19 virus event and the collapse of the US and global markets, one continued belief has prevailed – the US Fed will attempt to rescue the global markets...
The past three weeks have been filled with intense drama, incredible highs and lows, political battles that continue to this day, and millions of questions from people throughout the world. Throughout this COVID-19 virus event and the collapse of the US and global markets, one continued belief has prevailed – the US Fed will attempt to rescue the global markets...
Another week, another win. Last week's gains weren't as big as the prior week's record-breaker, but all in all the 3.0% advance was solid even if a bit flawed. We cleared some key hurdles, and are knocking on the door of others. Though still ugly, there's a light starting to shine at the end of the coronavirus tunnel. We'll weigh...
Another week, another win. Last week's gains weren't as big as the prior week's record-breaker, but all in all the 3.0% advance was solid even if a bit flawed. We cleared some key hurdles, and are knocking on the door of others. Though still ugly, there's a light starting to shine at the end of the coronavirus tunnel. We'll weigh...
By Bret Kenwell, TheStreet.com Netflix (NFLX) – Get Report continues its blistering run, with shares rallying 5.3% at one point Thursday and hitting a new all-time high of $449.52. It’s not the only FAANG stock with momentum, with Amazon.com (AMZN) – Get Report also hitting a record high on Thursday, although Netflix remains the best-performing stock of the group this year. Driving...
By Keris Lahiff, CNBC Airline stocks were in focus Wednesday morning on the promise of federal relief to help stem the damage from the coronavirus. Delta, American Airlines, JetBlue and Southwest were among the companies who said they had reached a deal to secure a slice of the $25 billion package from the Treasury Department. Bill Baruch, president of Blue...
As we’ve attempted to illustrate the intuitive nature of the Adaptive Fibonacci Price Modeling system we as one of the tools to help us understand the markets and price setups, we now want to more clearly illustrate other components of the current global economic environment. We want to illustrate just how deep the current price move resonates against historical price...
As we’ve attempted to illustrate the intuitive nature of the Adaptive Fibonacci Price Modeling system we as one of the tools to help us understand the markets and price setups, we now want to more clearly illustrate other components of the current global economic environment. We want to illustrate just how deep the current price move resonates against historical price...
No major complaints. The market gained a little more than 12% last week, making it another one of the "best weeks for stocks in years" weeks just two weeks after the same was said about the week ending on March 27th. As of right now, the S&P 500 is up more than 27% from its March 23rd low. At this...
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