Tesla Clings to Key Support as Shares Go in Reverse After Earnings

— Tesla stock is clinging to a key support level after the electric-vehicle leader's earnings report. Here's are the levels investors should know. — By Bret Kenwell, TheStreet.com All eyes are on Tesla (TSLA) as the electric-vehicle leader reported earnings on Wednesday after the bell. The shares on Thursday opened 8% lower, bounced slightly, then took out the session low....

Thursday’s Closing Market Update: Down on Economy Concerns

— Tesla shares nosedive after results disappoint, while a surprisingly large drop in leading economic indicators has added to recession concerns. — From Schwab Center for Financial Research, April 20, 2023 Major U.S. stock indexes fell Thursday, with the broad S&P 500(r) Index closing at its lowest level in a week, after Tesla (TSLA) reported a sharp drop in profit...

Walmart Leads Defensive-Stock Rally. Can It Continue Higher?

— Walmart stock has been trading well and is running into resistance. Can it overcome? — By Bret Kenwell, TheStreet.com Walmart (WMT) stock has been quietly trading higher. In fact, many defensive names like the retail giant have been on the mend. Coca-Cola (KO) and PepsiCo (PEP) have been trading much better, as have names like Procter & Gamble (PG)...

Here’s Where Microsoft Stock Needs to Hold Support on a Pullback

— Microsoft stock has been trading very well this year, up almost 20%. As it wavers on a pullback, here are the must-hold support levels bulls need to know. — By Bret Kenwell, TheStreet.com Microsoft (MSFT) has been trading great on the long side lately, as tech stocks have been trading well and as it has the AI catalyst to...

OK, But What’s a Butterfly Spread?

On Wednesday afternoon we featured an article penned for Investors.com – the website of Investors Business Daily – explaining how Advanced Micro Devices (AMD) shares had the makings of an ideal butterfly spread trade. Author Gavin McMaster then went on to explain in some detail what he was seeing and why he was trading it the way he was. And,...

OK, But What’s a Butterfly Spread?

On Wednesday afternoon we featured an article penned for Investors.com – the website of Investors Business Daily – explaining how Advanced Micro Devices (AMD) shares had the makings of an ideal butterfly spread trade. Author Gavin McMaster then went on to explain in some detail what he was seeing and why he was trading it the way he was. And,...

AMD Stock Today: Why A Butterfly Spread In Advanced Micro Can Reap $390 In Profits

By Gavin McMaster, Investors.com Advanced Micro Devices (AMD) has experienced a nice rally in recent months, moving from 60 in early January to as high as 102 last month. Alongside AMD stock, semiconductor firms have been performing well generally. According to MarketSmith, the fabless semiconductor industry group ranks No. 1 among 197 industries tracked by IBD in six-month price-weighted performance....

Anheuser-Busch Stock Charges to New Highs. Here’s the Trade.

— Anheuser-Busch stock recently hit new 52-week highs despite controversy surrounding its Bud Light brand. — By Bret Kenwell, TheStreet.com With all the controversy surrounding Anheuser-Busch InBev (BUD), the parent of Bud Light, you wouldn't know it by looking at the stock price. Through April 7 Anheuser-Busch shares had fallen in four straight sessions — but by a grand total...
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