— Caterpillar stock had been trading quite well until the last few weeks. Will the technicals support a rebound from here? — By Bret Kenwell, TheStreet.com Caterpillar (CAT) hasn't been in the news lately, but its stock sure has moved a lot. Shares have fallen hard over the last two weeks, tumbling more than 15%. When the company reported its...
The market's downtrend underway since early February was quelled last week, but not decisively. Some of the indices were able to fight their way back above technical resistance. Others were not. The one index we wanted to see achieve the feat though — the NASDAQ Composite — did the job. This gives the bulls just a bit of an edge....
The market's downtrend underway since early February was quelled last week, but not decisively. Some of the indices were able to fight their way back above technical resistance. Others were not. The one index we wanted to see achieve the feat though — the NASDAQ Composite — did the job. This gives the bulls just a bit of an edge....
— The SPY ETF looks vulnerable as it leans on key support. How it trades from here will be critical for the next development on the charts. — By Bret Kenwell, TheStreet.com The S&P 500 has been all over the place, but why shouldn't it be? A banking crisis was sparked late last week with the collapse of SVB Financial...
— Meta stock has barreled up more than 60% in 2023. Here's what the charts say is next for the best-performing FAANG stock of 2023. — By Bret Kenwell, TheStreet.com Meta (META) has not stopped cutting jobs this year. And for the most part, the stock has not stopped rallying. The social-media giant's shares sport a year-to-date gain of 60%...
It coulda been worse. But, it coulda been better. As was noted in this weekend's Weekly Market Outlook, last week's drubbing dragged most of the major market indices under key technical support levels, portending weakness ahead. There was still a smidgen of a chance stocks could bounce back into a bullish gear before reaching the point of no return, but...
It coulda been worse. But, it coulda been better. As was noted in this weekend's Weekly Market Outlook, last week's drubbing dragged most of the major market indices under key technical support levels, portending weakness ahead. There was still a smidgen of a chance stocks could bounce back into a bullish gear before reaching the point of no return, but...
When it comes to technical analysis of stocks, moving averages are one of the most commonly used indicators. A moving average line is simply an average of the stock's price over a specific period of time. In this article, we'll take a closer look at how to use moving average lines in technical analysis of stocks. Understanding Moving Averages A...
When it comes to technical analysis of stocks, moving averages are one of the most commonly used indicators. A moving average line is simply an average of the stock's price over a specific period of time. In this article, we'll take a closer look at how to use moving average lines in technical analysis of stocks. Understanding Moving Averages A...
A week ago it looked like stocks had a fighting chance at rekindling the then-struggling bull market. Last week's rout changes everything. Not only did the weakness up-end the bullish effort before any of the indexes could log a higher high, the selloff led to a lower low that also dragged the market below critical technical support levels. Anything's still...
