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...
— Walmart stock is in a bull trend and making six-month highs. Here's where to buy the dip. — By Bret Kenwell, TheStreet.com Too many investors remain focused on bitcoin, growth stocks and FAANG. While they play an important role in the stock market, they don't play the only role. Entire groups continue to trade well. Energy is one, while...
It was the usual lethargic Thanksgiving week, with most investors taking some extra time off. But, what little action we got was more bullish than not. The S&P 500 advanced 1.5% last week; other indices also made gains. In most cases, however, those gains weren't quite enough to get them firmly up and over their current technical ceilings. We'll look...
It was the usual lethargic Thanksgiving week, with most investors taking some extra time off. But, what little action we got was more bullish than not. The S&P 500 advanced 1.5% last week; other indices also made gains. In most cases, however, those gains weren't quite enough to get them firmly up and over their current technical ceilings. We'll look...
Happy Fibonacci Day! While it's not a federally recognized holiday, it's something worth noting all the same even if you don't get the day off. Of course, the $61.8K question many of you are asking now is, what's a Fibonacci? It's not a what as much as it is a who. It's a reference back to Leonardo Fibonacci — a...
Happy Fibonacci Day! While it's not a federally recognized holiday, it's something worth noting all the same even if you don't get the day off. Of course, the $61.8K question many of you are asking now is, what's a Fibonacci? It's not a what as much as it is a who. It's a reference back to Leonardo Fibonacci — a...
— Deere stock is hitting all-time highs after a strong earnings report. Here's how to trade it from here. — By Bret Kenwell, TheStreet.com Shares of Deere (DE) at last check were up more than 5% and were hitting all-time highs on the day after the agricultural-equipment giant reported earnings. The better-than-expected results are giving investors confidence to bid up...
The market ended last week in the red. But, the loss was small… small enough to not sweat. None of the indices lost enough ground to say they'd reversed course from the rebound rally put into motion six weeks ago. In fact, in some ways the recovery move was confirmed despite the dip… a slight ebb that could have been...
The market ended last week in the red. But, the loss was small… small enough to not sweat. None of the indices lost enough ground to say they'd reversed course from the rebound rally put into motion six weeks ago. In fact, in some ways the recovery move was confirmed despite the dip… a slight ebb that could have been...
— Macy's stock is flying higher on Thursday following better-than-expected earnings. If it can just clear one key level, it could continue to rally. — By Bret Kenwell, TheStreet.com Shares of Macy's (M) are rocketing higher on Thursday, up more than 12% following a better-than-expected earnings report. The move comes amid a mixed outlook in retail and on a mixed...
