— Microsoft stock has been trading very well this year, up almost 20%. As it wavers on a pullback, here are the must-hold support levels bulls need to know. — By Bret Kenwell, TheStreet.com Microsoft (MSFT) has been trading great on the long side lately, as tech stocks have been trading well and as it has the AI catalyst to...
The market didn't end last week on a particularly high note. But, it did end last week with a gain, rekindling the rally that's got underway back in early March. The S&P 500 logged its highest high since mid-February last week, and remains in the hunt to keep on truckin' higher. Ditto for the Dow and the NASDAQ Composite, although...
The market didn't end last week on a particularly high note. But, it did end last week with a gain, rekindling the rally that's got underway back in early March. The S&P 500 logged its highest high since mid-February last week, and remains in the hunt to keep on truckin' higher. Ditto for the Dow and the NASDAQ Composite, although...
On Wednesday afternoon we featured an article penned for Investors.com – the website of Investors Business Daily – explaining how Advanced Micro Devices (AMD) shares had the makings of an ideal butterfly spread trade. Author Gavin McMaster then went on to explain in some detail what he was seeing and why he was trading it the way he was. And,...
On Wednesday afternoon we featured an article penned for Investors.com – the website of Investors Business Daily – explaining how Advanced Micro Devices (AMD) shares had the makings of an ideal butterfly spread trade. Author Gavin McMaster then went on to explain in some detail what he was seeing and why he was trading it the way he was. And,...
By Gavin McMaster, Investors.com Advanced Micro Devices (AMD) has experienced a nice rally in recent months, moving from 60 in early January to as high as 102 last month. Alongside AMD stock, semiconductor firms have been performing well generally. According to MarketSmith, the fabless semiconductor industry group ranks No. 1 among 197 industries tracked by IBD in six-month price-weighted performance....
— Anheuser-Busch stock recently hit new 52-week highs despite controversy surrounding its Bud Light brand. — By Bret Kenwell, TheStreet.com With all the controversy surrounding Anheuser-Busch InBev (BUD), the parent of Bud Light, you wouldn't know it by looking at the stock price. Through April 7 Anheuser-Busch shares had fallen in four straight sessions — but by a grand total...
Stocks essentially broke even for the holiday-shortened week. Yet, somehow the market ended last week on a high note, still headed higher. That doesn't preclude a pullback from still developing. As was the case a week ago and also in the middle of this past week though, there's room for a pullback without snapping the young rally effort. It's all...
Stocks essentially broke even for the holiday-shortened week. Yet, somehow the market ended last week on a high note, still headed higher. That doesn't preclude a pullback from still developing. As was the case a week ago and also in the middle of this past week though, there's room for a pullback without snapping the young rally effort. It's all...
By Gavin McMaster, Investors.com A put ratio spread is an advanced option trade that can have its place within an option portfolio – even in a blue chip such as Boeing (BA). Boeing stock is showing bullish action so far in 2023 and has set up a flat base that offers a 221.43 buy point. Option veterans generally consider the...