Stocks logged a second consecutive winning week, and a second straight record weekly close, though the bulls ended the week with anything but enthusiasm. Then again, they didn't need to finish the trading week on a high note to do some real damage. Last week's last trade for the S&P 500 was almost 0.9% better than the previous week's close…...
Stocks logged a second consecutive winning week, and a second straight record weekly close, though the bulls ended the week with anything but enthusiasm. Then again, they didn't need to finish the trading week on a high note to do some real damage. Last week's last trade for the S&P 500 was almost 0.9% better than the previous week's close…...
The last few days have been ok for the market. Not great, but ok. Since the end of August, the S&P 500 has edged a bit higher, shrugging off some renewed worries about the tariff war. Even better is the fact that the market is holding up in a month that's generally rough for stocks. One group of stocks has...
The last few days have been ok for the market. Not great, but ok. Since the end of August, the S&P 500 has edged a bit higher, shrugging off some renewed worries about the tariff war. Even better is the fact that the market is holding up in a month that's generally rough for stocks. One group of stocks has...
By Keris Lahiff, CNBC Energy stocks are on fire. The XLE energy ETF is tracking for a seventh straight positive session on Wednesday in its longest streak in four months. Miller Tabak equity strategist Matt Maley says the charts show a bigger breakout ahead for one sector stock: Hess. "It's actually broken some key resistance levels," Maley told CNBC's "Trading...
By Keris Lahiff, CNBC Energy stocks are on fire. The XLE energy ETF is tracking for a seventh straight positive session on Wednesday in its longest streak in four months. Miller Tabak equity strategist Matt Maley says the charts show a bigger breakout ahead for one sector stock: Hess. "It's actually broken some key resistance levels," Maley told CNBC's "Trading...
Recent downside pricing pressure on Technology and FANG stocks have kept investors wary of jumping back into the market while we wait to see where the bottom may form. Concerns about long-term pricing pressures, US trade wars and the continued Congressional testimony regarding privacy and censorship issues have kept social media technology stocks in a negative perspective. The only aspect...
Recent downside pricing pressure on Technology and FANG stocks have kept investors wary of jumping back into the market while we wait to see where the bottom may form. Concerns about long-term pricing pressures, US trade wars and the continued Congressional testimony regarding privacy and censorship issues have kept social media technology stocks in a negative perspective. The only aspect...
On Monday we syndicated an outlook for crude oil that was at least a little bit alarming. Specifically, Oil Price Information Service's co-founder Tom Kloza cautioned that seasonal influences could crimp demand for oil. This is around the time of year when refineries are maintained; some of them are also still switching over to heating oil production. End result? A...
On Monday we syndicated an outlook for crude oil that was at least a little bit alarming. Specifically, Oil Price Information Service's co-founder Tom Kloza cautioned that seasonal influences could crimp demand for oil. This is around the time of year when refineries are maintained; some of them are also still switching over to heating oil production. End result? A...
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