It was hardly a disastrous week. In fact, most stocks made gains. The advance was anemic though, and faded as the week wore on. The bulls just didn't show up when it came time to push through February's peak. A sign of bigger trouble ahead? Maybe. It's certainly the right time of year for it. Even if it wasn't though,...
It was hardly a disastrous week. In fact, most stocks made gains. The advance was anemic though, and faded as the week wore on. The bulls just didn't show up when it came time to push through February's peak. A sign of bigger trouble ahead? Maybe. It's certainly the right time of year for it. Even if it wasn't though,...
By Keris Lahiff, CNBC FedEx shares were lower Tuesday after hitting a 52-week high earlier in the session. The stock has rallied 18% this month, getting another boost on Monday after Bernstein said a global recovery depends on the company. Craig Johnson, chief market technician at Piper Sandler, said the chart suggests even more upside. "This is a terrific downtrend...
By Keris Lahiff, CNBC FedEx shares were lower Tuesday after hitting a 52-week high earlier in the session. The stock has rallied 18% this month, getting another boost on Monday after Bernstein said a global recovery depends on the company. Craig Johnson, chief market technician at Piper Sandler, said the chart suggests even more upside. "This is a terrific downtrend...
– Cisco Systems is bubbling just below its prior 2020 high. A good earnings report could propel the stock over it or it could hammer it lower. – By Bret Kenwell, TheStreet.com Cisco Systems (CSCO) has put together a solid run from the March lows, up 50%. However, that hardly makes it unique. Most of the market has made a...
– Cisco Systems is bubbling just below its prior 2020 high. A good earnings report could propel the stock over it or it could hammer it lower. – By Bret Kenwell, TheStreet.com Cisco Systems (CSCO) has put together a solid run from the March lows, up 50%. However, that hardly makes it unique. Most of the market has made a...
– Netflix stock has fallen off investors' radars since reporting earnings almost a month ago. Let's circle back on this name as a breakout looks imminent. – By Bret Kenwell, TheStreet.com Expectations were pretty high heading into Netflix (NFLX) earnings report last month. The company reported a pretty solid result on July 16th, but the initial reaction was a move...
– Netflix stock has fallen off investors' radars since reporting earnings almost a month ago. Let's circle back on this name as a breakout looks imminent. – By Bret Kenwell, TheStreet.com Expectations were pretty high heading into Netflix (NFLX) earnings report last month. The company reported a pretty solid result on July 16th, but the initial reaction was a move...
What a week! Even when things finally looked a little dangerous mid-day on Friday, the bulls mustered some gumption to claw their way back to a small gain for the day. Friday's small win on top of the bigger gains logged earlier in the week carried stocks to meaningfully higher highs, and past some technical resistance. It seems flimsy and...
What a week! Even when things finally looked a little dangerous mid-day on Friday, the bulls mustered some gumption to claw their way back to a small gain for the day. Friday's small win on top of the bigger gains logged earlier in the week carried stocks to meaningfully higher highs, and past some technical resistance. It seems flimsy and...
