– It's been a busy week for the bulls, as the S&P 500 works on its fifth straight weekly gain. Are stocks a buy after the election? – By Bret Kenwell, TheStreet.com What a week it has been in the stock market, given that the presidential vote count has dragged out for multiple days. If you're trading and made money...
By Lizzy Gurdus, CNBC It could be time to turn to trucking. As industrial stocks slowly pick up steam, up 6% since Monday and over 4% in the last month, they present an attractive alternative to this year's soaring technology trade, TradingAnalysis.com founder Todd Gordon told CNBC's "Trading Nation" on Thursday. "On a month-over-month basis, on a sector rotation model...
Stocks were overbought and ripe for a correction anyway. A lack of a stimulus and a resurgence of COVID-19 gave traders all the reason they needed to get one going. It may not be over yet either. Or, maybe it is. The last two months of the year are typically good ones, and the government has been rather responsive when...
Stocks were overbought and ripe for a correction anyway. A lack of a stimulus and a resurgence of COVID-19 gave traders all the reason they needed to get one going. It may not be over yet either. Or, maybe it is. The last two months of the year are typically good ones, and the government has been rather responsive when...
Wednesday's steep selloff was contained on Friday, even if not unwound. The market stopped the bleeding, and that was enough for the time being. Traders aren't going to sit on the fence for very long though, if they do so any longer at all. For better or worse, the bulls and/or the bears are going to have to show their...
Wednesday's steep selloff was contained on Friday, even if not unwound. The market stopped the bleeding, and that was enough for the time being. Traders aren't going to sit on the fence for very long though, if they do so any longer at all. For better or worse, the bulls and/or the bears are going to have to show their...
– Pinterest stock is ripping higher, rallying more than 40% at one point on better-than-expected earnings. Here's how to trade it now. – By Bret Kenwell, TheStreet.com First it was Snap (SNAP) with the explosive earnings rally. Now it's Pinterest's (PINS) turn in the spotlight. The graphics-focused social-media company's shares are up 28% on the day, after sporting gains as...
By Keris Lahiff, CNBC The Dow Jones Industrial Average have now entered a correction, falling more than 10% from its February peak. The blue-chip index has been hard hit this week as spiking Covid cases in the U.S. ignited fears over the economic recovery. The failure to get additional relief from Washington lawmakers to mitigate the economic damage has also...
By Stephanie Landsman, CNBC CFRA's Sam Stovall acknowledges the market may feel like a rollercoaster over the next few weeks. But he believes any damage should be contained to November regardless of who wins the presidency. "Investors say 'okay, usually by then we know who the president is, now we can try to organize our portfolios and our mindsets for...
— Intel is getting hammered after reporting earnings. Should it be up? That's not our call. Let's look at the charts instead. — By Bret Kenwell, TheStreet.com Shares of Intel (INTC) were under pressure Friday, falling more than 11% after a disappointing third-quarter earnings report. Non-GAAP earnings were in-line with expectations, while revenue of $18.3 billion slightly edged out expectations...
