If you're a student of the market and keep close tabs on it on a daily basis, you likely know the last couple of trading days have been less-than-great ones. And, you probably know the rally leading into this weakness was stopped and reversed at established technical resistance. The fact that this is where the bulls threw in the towel...
— Zoom Video stock is off on Aug. 23 after the provider of videoconferencing and other tech services missed sales expectations — By Bret Kenwell, TheStreet.com Zoom Video (ZM) on Tuesday has been trying to rally off the opening lows, but the shares of the provider of videoconferencing and other tech services at last check are down 14%. The stock...
— Deere stock missed on earnings, but grew profit by more than 17%. Here are the must-know levels to keep an eye on — By Bret Kenwell, TheStreet.com Shares of Deere (DE) at last check were off about 4% after the agricultural-equipment stalwart reported earnings. Despite a selloff in the overall market, the bulls are finding the positives in Deere's...
The four-week streak of gains finally came to a close last week, with the S&P 500 sliding 1.2% after making a multi-month high on Tuesday. And, given Friday's sharp selloff, we're starting the new trading week on the defensive. We're also moving into a time of year that's typically bearish anyway, with the disadvantage of a 17% runup from June's...
The four-week streak of gains finally came to a close last week, with the S&P 500 sliding 1.2% after making a multi-month high on Tuesday. And, given Friday's sharp selloff, we're starting the new trading week on the defensive. We're also moving into a time of year that's typically bearish anyway, with the disadvantage of a 17% runup from June's...
— Friday is going to be a pivotal day for the market — It would be easy to chalk up this week's lethargy to the market just taking a much-needed break. The S&P 500 has rallied 17% since June's low, which is a lot in any circumstances. And, maybe that's all this is… a short break before another leg higher....
— Friday is going to be a pivotal day for the market — It would be easy to chalk up this week's lethargy to the market just taking a much-needed break. The S&P 500 has rallied 17% since June's low, which is a lot in any circumstances. And, maybe that's all this is… a short break before another leg higher....
— Kohl's stock beat expectations, but earnings fell 55% year over year. Guidance was even worse. Here's the key support level to watch now. — By Bret Kenwell, TheStreet.com Kohl's (KSS) stock is off roughly 6% after the retailer reported earnings. The silver lining – if the bulls can consider it that – is that shares were down as much...
Kudos to the bulls. A week ago they stopped just short of some important lines in the sand, leading one to wonder if the then-rally was going to stopped before it really got started. Despite the wobbly start to last week, the bulls managed to follow-through on the rally effort in the latter half of last week. It wasn't an...
Kudos to the bulls. A week ago they stopped just short of some important lines in the sand, leading one to wonder if the then-rally was going to stopped before it really got started. Despite the wobbly start to last week, the bulls managed to follow-through on the rally effort in the latter half of last week. It wasn't an...
