— Foot Locker reported disappointing earnings and now the stock is paying the price. Will buyers step up as the shares near key support? — By Bret Kenwell, TheStreet.com Foot Locker (FL) stock is getting hammered on Friday, down 27% at last glance. The slump comes after the athletic-apparel chain reported its first-quarter results. The company missed analysts' expectations and...
If it feels to you like the NASDAQ Composite has been decidedly outperforming the S&P 500 or the Dow Jones Industrial Average of late, you're not crazy. It is. And, there's a buried message in the disparity. But, first things first. As was noted in Sunday's Weekly Market Outlook, although the S&P 500 hasn't made any meaningful progress beyond a...
If it feels to you like the NASDAQ Composite has been decidedly outperforming the S&P 500 or the Dow Jones Industrial Average of late, you're not crazy. It is. And, there's a buried message in the disparity. But, first things first. As was noted in Sunday's Weekly Market Outlook, although the S&P 500 hasn't made any meaningful progress beyond a...
— Target stock has not traded well this year, but the bulls are looking for the earnings report to give it some life. — By Bret Kenwell, TheStreet.com Target (TGT) shares were lower in Wednesday's premarket trading after the retailer reported first-quarter earnings before the open. The stock opened lower too, but it turned higher, up 2.5% at last check....
Another week, another whiff. Stocks ended up logging a second consecutive loss last week, and while a small one, it's the fifth straight week the market's been within striking distance of a bullish breakout but couldn't get the job done. Traders are getting frustrated, and nervous. The longer stocks wait to start their next bullish leg, the more possible it...
Another week, another whiff. Stocks ended up logging a second consecutive loss last week, and while a small one, it's the fifth straight week the market's been within striking distance of a bullish breakout but couldn't get the job done. Traders are getting frustrated, and nervous. The longer stocks wait to start their next bullish leg, the more possible it...
— Disney stock is getting hit after the earnings report. Here's where the stock finds support. — By Bret Kenwell, TheStreet.com Disney (DIS) stock is getting hammered on Thursday, down nearly 9% at last glance and trending near session lows. The decline sent the shares to multimonth lows as investors were underwhelmed by the entertainment giant's earnings report. Disney reported...
— Semiconductor stocks are often viewed as a leading indicator in the stock market. Here's how the charts look for VanEck Semiconductor ETF. — By Bret Kenwell, TheStreet.com The semiconductor sector is often in focus for tech investors, not just because it contains prominent stocks like Nvidia (NVDA), Intel (INTC) and Advanced Micro Devices (AMD) but because it acts as...
The month of April may have been a winning one for the market. But, stocks didn't end the month on a high note the bulls were hoping for. While the indices logged bullishness on Thursday and Friday, that move wasn't enough to get any of them above the technical ceilings that were standing in the way just two weeks back....
The month of April may have been a winning one for the market. But, stocks didn't end the month on a high note the bulls were hoping for. While the indices logged bullishness on Thursday and Friday, that move wasn't enough to get any of them above the technical ceilings that were standing in the way just two weeks back....
