Cliches are cliches for a reason – they're usually based in truth. Sure, there's often more to the story. At their heart though, there's enough good advice to them to merit giving them some though, even if you end up not embracing or acting on the message. This is true even of market-related cliches like "sell in May and go...
Cliches are cliches for a reason – they're usually based in truth. Sure, there's often more to the story. At their heart though, there's enough good advice to them to merit giving them some though, even if you end up not embracing or acting on the message. This is true even of market-related cliches like "sell in May and go...
— Advanced Micro Devices stock jumped higher on earnings but is losing steam in the session. Here's how to trade AMD stock from here. — By Bret Kenwell, TheStreet.com Shares of Advanced Micro Devices (AMD) are fading from Wednesday's high, but are still up about 3% after the company reported earnings on Tuesday evening. The other day, TheStreet asked if...
The bulls made a valiant effort, but when push came to shove late in the week, the bears were doing all the shoving, And, it was even worse than Friday's near-4% stumble would suggest. With that move, the S&P 500 fell to its worst close in over a year, breaking under a major technical support line in the process. Now...
The bulls made a valiant effort, but when push came to shove late in the week, the bears were doing all the shoving, And, it was even worse than Friday's near-4% stumble would suggest. With that move, the S&P 500 fell to its worst close in over a year, breaking under a major technical support line in the process. Now...
— Apple stock is a bit lower after the earnings report. How will it trade from here? Check the chart for hints. — By Bret Kenwell, TheStreet.com Apple (AAPL) isn't saving the markets on Friday, but it's not delivering the other half of the one-two punch that could have crushed the markets either. In other words, while Apple's 2.5% post-earnings...
Tuesday's jaw-dropping losses might have looked and felt like pure, unbridled insanity. And, perhaps there was a dash of that in the mix. By and large though, most of Tuesday's action made a lot of sense. The move pushed the indices to the brink of a complete meltdown, but curiously, the selling stopped just short of levels that would truly...
Tuesday's jaw-dropping losses might have looked and felt like pure, unbridled insanity. And, perhaps there was a dash of that in the mix. By and large though, most of Tuesday's action made a lot of sense. The move pushed the indices to the brink of a complete meltdown, but curiously, the selling stopped just short of levels that would truly...
— United Parcel Service is trading lower on the earnings report. Is it due to snap higher or test key support? Check the chart. — By Bret Kenwell, TheStreet.com United Parcel Service (UPS) shares on Tuesday are tipping lower by about 3%. That's after the package-delivery giant reported earnings before the open. While the stock is off its session low...
In retrospect, traders were a little too ready to throw in the towel on Friday. While pessimistic comments from Federal Reserve officials can be expected to drive the market lower, Friday's response (in the context of the week's earlier) action feels like a little too much. Maybe investors were also planning to dump some of their holding before the weekend...
