— Let's look at the charts for Nio and Rivian, two EV stocks that are trading lower on earnings. — By Bret Kenwell, TheStreet.com Excluding Tesla (TSLA), EV stocks continue to struggle. That's evident as Nio (NIO) and Rivian (RIVN) both trade lower on Wednesday following disappointing earnings reports. Tesla entered the year amid a horrific downtrend and it only...
By Lu Wang, Bloomberg News After fueling the big Wall Street rebound, trend-following quants now look poised to offload stocks if the S&P 500 falls below a key technical threshold, warns JPMorgan Chase & Co.'s trading desk. Should the benchmark gauge slip under its average price from the past 200 days, so-called commodity trading advisors could be forced to unload...
— Tesla stock has been on fire this year, doubling from the January low. Can the rally continue? — By Bret Kenwell, TheStreet.com Shares of Tesla (TSLA) have been surging: They've doubled from the January low and sport a year-to-date gain of 66%. The sharp move is not completely unexpected, given the way the shares fell apart in the second...
Stocks continued to lose ground last week, with the S&P 500 sliding 2.7% over the course of the holiday-shortened week. And yet, the recovery effort that got going near the end of last year is still intact. In fact, it may be better off following last week's lull than it would have been had it continued rolling higher. That's because...
Stocks continued to lose ground last week, with the S&P 500 sliding 2.7% over the course of the holiday-shortened week. And yet, the recovery effort that got going near the end of last year is still intact. In fact, it may be better off following last week's lull than it would have been had it continued rolling higher. That's because...
— Coinbase stock is getting hit hard after the crypto firm reported earnings. Here's where support might lie. — By Bret Kenwell, TheStreet.com When Coinbase (COIN) reported earnings on Tuesday after the close, the stock initially popped higher and the gains faded. Then at one point in Wednesday's regular session, the shares were up 9.1% — and again the sellers...
— Home Depot stock is under pressure following its earnings report. Here's where it may have support. — By Bret Kenwell, TheStreet.com It's not a great day in the stock market and it's a particularly bad day for Home Depot (HD) with the home-improvement retailer's shares down about 6% at last check following a disappointing quarterly update. While Home Depot...
It certainly wasn't the start to the shortened trading week the bulls were hoping for. But, even with today's 2.0% tumble from the S&P 500 and 2.5% setback for the NASDAQ Composite, the rebound effort isn't broken yet. Take a look at the NASDAQ's chart to see why. Although the composite did break back under what used to be a...
— Stocks are right around where they should be at this point of Joe Biden's presidency. — With the market closed on Monday in observance of President's Day, we've got some time to look at things we often don't have a chance to look at. In this case, it's a review of how the stock market performs during the typical...
— Stocks are right around where they should be at this point of Joe Biden's presidency. — With the market closed on Monday in observance of President's Day, we've got some time to look at things we often don't have a chance to look at. In this case, it's a review of how the stock market performs during the typical...
