By Keris Lahiff, CNBC Netflix enters its earnings report after the bell in good shape. It has rallied more than 30 percent in January in the best performance of a FANG stock by a mile. The stock would need to pull back to one key level before it can roar back to records, though, says Todd Gordon, founder of TradingAnalysis.com....
By Keris Lahiff, CNBC Political uncertainty abounds. The U.S. government is mired in its longest shutdown ever, U.S.-China trade talks are proving intractable and the Democratic challenger field is expanding as the 2020 presidential election grows closer. But LPL Financial senior market strategist Ryan Detrick says these unknowns coming from Washington are unlikely to shake Wall Street. In fact, history...
By Keris Lahiff, CNBC Political uncertainty abounds. The U.S. government is mired in its longest shutdown ever, U.S.-China trade talks are proving intractable and the Democratic challenger field is expanding as the 2020 presidential election grows closer. But LPL Financial senior market strategist Ryan Detrick says these unknowns coming from Washington are unlikely to shake Wall Street. In fact, history...
Near December 21, 2018, our research team began a series of posts indicating the US Major Indexes should be set up for the “Ultimate Bottom” low that we suggested would take place after the US Elections (November 2018) and which would launch an upside price rally. Today, we are writing to announce that the first leg of this upside move...
Near December 21, 2018, our research team began a series of posts indicating the US Major Indexes should be set up for the “Ultimate Bottom” low that we suggested would take place after the US Elections (November 2018) and which would launch an upside price rally. Today, we are writing to announce that the first leg of this upside move...
By Keris Lahiff, CNBC Software stocks are leading the tech sector, and broader market, in a strong start to 2019. The XSW S&P software and services ETF has surged 7 percent in the past two weeks, better than the 3 percent gain on the XLK tech ETF and 4 percent advance on the S&P 500. Ari Wald, head of technical...
By Keris Lahiff, CNBC Software stocks are leading the tech sector, and broader market, in a strong start to 2019. The XSW S&P software and services ETF has surged 7 percent in the past two weeks, better than the 3 percent gain on the XLK tech ETF and 4 percent advance on the S&P 500. Ari Wald, head of technical...
Tuesday's leader isn't even in question. On the heels of news that it was raising its prices, Netflix (NFLX) shares have jumped more than 7% today. Other FANG stocks are taking that lead, but none are even a close-second. The next-biggest gain comes from Alphabet (GOOGL), though it's only up a little less than 3%. Not all bullish thrusts are...
Tuesday's leader isn't even in question. On the heels of news that it was raising its prices, Netflix (NFLX) shares have jumped more than 7% today. Other FANG stocks are taking that lead, but none are even a close-second. The next-biggest gain comes from Alphabet (GOOGL), though it's only up a little less than 3%. Not all bullish thrusts are...
All in all, the bulls don't have too much to complain about. The rally slowed down as the week wore on, but most rallies would which they reached the 10% mark. If nothing else, the buyers need to take a breather. The question is, how long (and how big) does that breather need to be? If not very big, stocks...
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