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...
— Buy or sell the post-earnings strength in Tesla? Let's look at what the chart says — By Bret Kenwell, TheStreet.com Shares of Tesla (TSLA) were electrified this morning, ripping higher and climbing 11.7% at Thursday highs. Acting as the catalyst was the company's better-than-expected earnings report. Tesla topped both earnings and revenue expectations. It continues to deliver upbeat margin...
— Hasbro stock is rallying on earnings and these two levels stick out on the upside — By Bret Kenwell, TheStreet.com Hasbro (HAS) stock is rallying on a mixed quarterly report, up about 5% so far on Tuesday. Will the earnings report be enough to keep Hasbro stock pushing higher? The company actually missed on earnings expectations, with profits dropping...
That's the second weekly loss in a row, and once again, it wasn't a small one. All told, the S&P 500 fell 2.1% in last week's shortened action, and now stands more than 5% below highs hit just three weeks ago. The momentum is clearly a problem for the broad market (though not a problem for traders with bearish positions)....
That's the second weekly loss in a row, and once again, it wasn't a small one. All told, the S&P 500 fell 2.1% in last week's shortened action, and now stands more than 5% below highs hit just three weeks ago. The momentum is clearly a problem for the broad market (though not a problem for traders with bearish positions)....
— Home-goods retailer Bed Bath & Beyond's stock has wavered after it reported results. Here are the key levels to know now. — By Bret Kenwell, TheStreet.com Bed Bath & Beyond (BBBY) stock has been fighting off a tough open. The stock on Wednesday opened more than 12% lower following the Union, N.J., home-goods retailer's earnings report. But the shares...
— JPMorgan will kick off earnings on Wednesday morning. Here are the key levels to know right now. — By Bret Kenwell, TheStreet.com JPMorgan JPM) stock has not been performing well, but you could say that for many of the bank stocks out there. Shares are down about 23% from the highs made in the fourth quarter, which is when...
A week ago we cautioned traders that the market was sending mixed messages. While the uptrend since mid-March was still intact, there were hints that a pullback was brewing. We got exactly that last week. And yet, there's still a vestige of hope from at least one of the key index charts. It's flimsy support though, and one more rough...
— The S&P 500 and Nasdaq bounced hard to end the first quarter, but are they due to lose more ground? — By Bret Kenwell, TheStreet.com It has not been easy to navigate the stock market this year. Not the S&P 500, not the Nasdaq and not individual stocks. Many individual names are in the midst of a bear market....
— The S&P 500 and Nasdaq bounced hard to end the first quarter, but are they due to lose more ground? — By Bret Kenwell, TheStreet.com It has not been easy to navigate the stock market this year. Not the S&P 500, not the Nasdaq and not individual stocks. Many individual names are in the midst of a bear market....
