This Sorta-Rebound Is Starting to Separate Sectors. This Could Be a Big Deal. Despite the pullback late last week, stocks are back in bulls mode, bouncing back from February's rout that bled into the first half of March. Not every sector, however, is doing better of late. Indeed, some sectors are doing downright poorly, while other sectors' stocks remain seemingly...
This Sorta-Rebound Is Starting to Separate Sectors. This Could Be a Big Deal. Despite the pullback late last week, stocks are back in bulls mode, bouncing back from February's rout that bled into the first half of March. Not every sector, however, is doing better of late. Indeed, some sectors are doing downright poorly, while other sectors' stocks remain seemingly...
The good news is, the market ended the week on a high note, ending Thursday's meltdown with a small gain on Friday that at one point early in the session was going to be another down day. The bad news is, even with that semi-bullish intraday reversal most of the major indices didn't log a meaningful gain for the week....
The good news is, the market ended the week on a high note, ending Thursday's meltdown with a small gain on Friday that at one point early in the session was going to be another down day. The bad news is, even with that semi-bullish intraday reversal most of the major indices didn't log a meaningful gain for the week....
By Bret Kenwell, TheStreet.com It has not been the typical ride that long-term Disney (DIS) have seen in the stock price over the past few years. Shares of Disney traded sideways from 2015 until April 2019. That's when it unveiled its streaming plan, which has now become the trio of Hulu, Disney+ and ESPN+. The company has had tremendous success...
Most traders know the broad market imploded very early this year. What many people may not realize, however, is that large cap growth stocks – the market's leading group since the bottom made in early 2020 – also led the way lower. All grouping suffered in January and February, to be clear. But, the market's biggest and high-profile stocks dished...
Most traders know the broad market imploded very early this year. What many people may not realize, however, is that large cap growth stocks – the market's leading group since the bottom made in early 2020 – also led the way lower. All grouping suffered in January and February, to be clear. But, the market's biggest and high-profile stocks dished...
The most bullish week in months is a tough act to follow. So, all things considered, even with last week's slowdown the market did pretty well for itself. The S&P 500 climbed 1.8% last week, cutting further into its selloff suffered earlier this year. As far as bullishness goes though, this undertow is still less than ideal. The volume behind...
The most bullish week in months is a tough act to follow. So, all things considered, even with last week's slowdown the market did pretty well for itself. The S&P 500 climbed 1.8% last week, cutting further into its selloff suffered earlier this year. As far as bullishness goes though, this undertow is still less than ideal. The volume behind...
— Adobe stock is trading lower after the company's earnings report. Here's where support may come into play after the dip. — By Bret Kenwell, TheStreet.com Investors were hopeful that Adobe Systems (ADBE) could break its brutal downtrend with this week's earnings report. Unfortunately, that's not coming to fruition. Shares are down about 8% on Wednesday despite the company reporting...
