An evening star reversal pattern and negative money flow suggest the stock price is headed lower. By Robert Moreno, TheStreet.com Shares of Alibaba Group Holdings (BABA) have not participated in the broader market's four-day rally, and the divergent price action and the direction of money flow suggests further downside. There are two short-side strategies, let's take a look at the...
By Alan Farley, Investopedia AT&T Inc. (T) got kicked out of the D.J. Industrial Average in March 2015 to make room for Apple Inc. (AAPL) after the tech icon split seven for one in 2014. It’s performed much better than its replacement in the last two years but still, hasn’t cleared 2007 resistance in the mid-40s. Fortunately for shareholders, that...
By Alan Farley, Investopedia AT&T Inc. (T) got kicked out of the D.J. Industrial Average in March 2015 to make room for Apple Inc. (AAPL) after the tech icon split seven for one in 2014. It’s performed much better than its replacement in the last two years but still, hasn’t cleared 2007 resistance in the mid-40s. Fortunately for shareholders, that...
Market tops are usually characterized by stubbornly held bullishness, but that’s not what we’re seeing today By Mark Hulbert, MarketWatch The bull market has received a new lease on life from a most surprising source: stock-market timers. They have done so by turning remarkably cautious. It’s surprising, and bullish from a contrarian perspective, because market timers typically become more bullish...
Market tops are usually characterized by stubbornly held bullishness, but that’s not what we’re seeing today By Mark Hulbert, MarketWatch The bull market has received a new lease on life from a most surprising source: stock-market timers. They have done so by turning remarkably cautious. It’s surprising, and bullish from a contrarian perspective, because market timers typically become more bullish...
The Trump train continues to chug along, with last week's forward progress inspired by renewed chatter of impending tax cuts. The timeframe and details remain unclear, but the mere promise of tax relief was enough to inspire a strong finish to the week. The S&P 500's close of 2316.1 was 0.8% higher than the prior week's closing value. There's a...
The Trump train continues to chug along, with last week's forward progress inspired by renewed chatter of impending tax cuts. The timeframe and details remain unclear, but the mere promise of tax relief was enough to inspire a strong finish to the week. The S&P 500's close of 2316.1 was 0.8% higher than the prior week's closing value. There's a...
Shares of discount retailer TJX are near a very critical level, without a breakout soon the stock could falter. By Gary Morrow, TheStreet.com TJX (TJX) has rebounded nicely off last month's low. At Thursday's peak the stock was up over 4.5% from the January 31 bottom with the help of an impressive uptick in volume. This rally has driven TJX...
Shares of discount retailer TJX are near a very critical level, without a breakout soon the stock could falter. By Gary Morrow, TheStreet.com TJX (TJX) has rebounded nicely off last month's low. At Thursday's peak the stock was up over 4.5% from the January 31 bottom with the help of an impressive uptick in volume. This rally has driven...
President Trump isn’t the only one who’s confused. By Mark Hulbert, MarketWatch Donald Trump isn’t the only one confused about whether we should prefer a stronger or weaker dollar. Almost all investors are too. Fortunately, however, you don’t have to call the national security adviser at 3 a.m. to find out. That’s because I am going to give you the...
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