— Toll Brothers stock will be in focus on Tuesday evening when it reports earnings. Here are the key levels to know right now. — By Bret Kenwell, TheStreet.com Toll Brothers TOL is off a bit on Tuesday, down just over 1% at last check ahead of the luxury-home builder's earnings report after the close. Investors will have their eye...
After stocks closed on Monday we pointed out that the setback didn't actually do a whole lot of technical damage. After Tuesday's drubbing, that thesis changes rather dramatically. While there's still a path and way for the bulls to rekindle the rally and sidestep any further losses, that path is narrower, and the ways are fewer. One more rough day...
After stocks closed on Monday we pointed out that the setback didn't actually do a whole lot of technical damage. After Tuesday's drubbing, that thesis changes rather dramatically. While there's still a path and way for the bulls to rekindle the rally and sidestep any further losses, that path is narrower, and the ways are fewer. One more rough day...
— McKesson is the S&P 500's second-best performing non-energy stock this year. Here's how the charts look now. — By Bret Kenwell, TheStreet.com McKesson (MCK) stock has been on the best-performing-stocks list this year. The stock of the health-care-products and -services giant is up 54% so far in 2022, easily dominating the S&P 500's loss of 16%. Noteworthy is that...
Stocks were routed pretty well on Monday, with the S&P 500 suffering a 1.8% setback. The other indices took comparable tumbles too. On balance though, it's not the end of the world nor is it the beginning of a full-blown correction. The rally effort that's been underway since mid-October is still intact. It's just taking a break. And, it's doing...
Stocks were routed pretty well on Monday, with the S&P 500 suffering a 1.8% setback. The other indices took comparable tumbles too. On balance though, it's not the end of the world nor is it the beginning of a full-blown correction. The rally effort that's been underway since mid-October is still intact. It's just taking a break. And, it's doing...
There's certainly no reason to worry. But, there's not exactly reason to celebrate either. The market managed to log a gain last week, but didn't decisively clear the key technical hurdles that would signal or suggest the breakout's got legs. One rough day could still easily up-end the entire effort thus far. We'll show you why in some detail below....
There's certainly no reason to worry. But, there's not exactly reason to celebrate either. The market managed to log a gain last week, but didn't decisively clear the key technical hurdles that would signal or suggest the breakout's got legs. One rough day could still easily up-end the entire effort thus far. We'll show you why in some detail below....
— At one point, Costco stock was down 8% on the day. After the stock held a key support area, here's what may be next. — By Bret Kenwell, TheStreet.com Shares of Costco (COST) were getting hit, down 8.1% at Thursday's low and off 6.6% at last check. The moves came after disappointing November sales data. Specifically, November sales rose...
Stocks dished out a less-than-thrilling performance on Wednesday. But, Wednesday's rally was so strong that Thursday's lethargy doesn't really matter. Most of the major indices are already up and over key technical hurdles; one more good "umph" on Friday could seal the deal for this budding rally. Take the daily chart of the S&P 500 as an example. While it's...
