Stocks may have logged a gain last week, quelling the downtrend that got going again two weeks ago, and perhaps rekindling a rebound effort that took shape three weeks ago. The major indices even knocked over a couple of technical resistance lines that had been holding them back. They were stopped just short of a couple other technical ceilings though,...
Stocks may have logged a gain last week, quelling the downtrend that got going again two weeks ago, and perhaps rekindling a rebound effort that took shape three weeks ago. The major indices even knocked over a couple of technical resistance lines that had been holding them back. They were stopped just short of a couple other technical ceilings though,...
— Apple stock is now up in four straight sessions. Here's how it can continue to lead the market higher. — By Bret Kenwell, TheStreet.com As the summer days tick by, the bulls are slowly but surely trying to regain control of the stock market. They will have a hard time doing so without Apple (AAPL) on board. Fourth of...
— Tesla's second-quarter deliveries climbed year over year but fell from the first quarter. Here's how to trade the stock now. — By Bret Kenwell, TheStreet.com Tesla (TSLA) stock was down as much as 4.8% in Tuesday's trading session but has recouped those losses as investors digest the electric-vehicle maker's delivery results. General Motors (GM) was in focus late last...
The market may have ended last week on a high note, but it still ended the five-day stretch with a sizeable loss. All told, the S&P 500's close of 3825.33 on Friday was still 2.2% below the previous week's last trade, leaving the index (and all the rest of them) trapped between falling support and resistance lines. In other words,...
The market may have ended last week on a high note, but it still ended the five-day stretch with a sizeable loss. All told, the S&P 500's close of 3825.33 on Friday was still 2.2% below the previous week's last trade, leaving the index (and all the rest of them) trapped between falling support and resistance lines. In other words,...
There's still one more day left in the trading week for the bulls to get something going. But, after Thursday's close and headed into Friday's action, the bears still have control. In fact, the bulls failed at the one key place where they just couldn't afford to fail, boding poorly for hopes of a summertime recovery. The technical ceilings in...
There's still one more day left in the trading week for the bulls to get something going. But, after Thursday's close and headed into Friday's action, the bears still have control. In fact, the bulls failed at the one key place where they just couldn't afford to fail, boding poorly for hopes of a summertime recovery. The technical ceilings in...
— Bed Bath & Beyond is hitting its lowest level since April 2020. Here's how to trade it from here. — By Bret Kenwell, TheStreet.com Bed Bath & Beyond (BBBY) wasn't a meme stock to the extent that AMC Entertainment (AMC) and GameStop (GME), but that didn't stop traders from squeezing it higher when the opportunity arose. Because of the...
On the brink of disaster, stocks mustered a great showing when they needed to the most. Thanks to Friday's 3.0% jump, the S&P 500 rallied 6.4% for the shortened trading week. It's certainly a good start to a rebound, but don't count your chickens just yet. Even with the big move, the market is only back to where it was...
