A strong showing on Friday salvaged what would have otherwise been another losing week. But, is it enough to stop and reverse the bigger meltdown that took shape beginning this month? It's too soon to say. The market's certainly primed for some degree of bounce here, even if only a temporary one. It remains to be seen if there's not...
A strong showing on Friday salvaged what would have otherwise been another losing week. But, is it enough to stop and reverse the bigger meltdown that took shape beginning this month? It's too soon to say. The market's certainly primed for some degree of bounce here, even if only a temporary one. It remains to be seen if there's not...
— Intel is moving lower on earnings. Here's the level it has to hold before faces an even deeper dip. — By Bret Kenwell, TheStreet.com Intel (INTC) shares are getting buried on the day after the company reported its fourth-quarter earnings. The action comes after a mixed day in the overall market and as investors try to sort out the...
A: A solid gain that easily turned into daily loss. On Wednesday we suggested "the market" (traders, collectively) was unconsciously primed for more downside than has already been dished out. Leading us to that prospective conclusion was the fact that the market turned a sizeable win for the day into barely a breakeven after hearing news from the Federal Reserve...
A: A solid gain that easily turned into daily loss. On Wednesday we suggested "the market" (traders, collectively) was unconsciously primed for more downside than has already been dished out. Leading us to that prospective conclusion was the fact that the market turned a sizeable win for the day into barely a breakeven after hearing news from the Federal Reserve...
— Put options rising in open interest — By Gordon Scott, Investopedia Apple (AAPL) steadily rose for much of the quarter, the largest stock by market cap has been in a downward trend for much of 2022. Apple is trading well below its 20-day moving average ahead of its fiscal first quarter earnings announcement. Analysts expect the iPhone producer to...
The net loss of 0.3% wasn't that big of a deal, to be clear. The S&P 500 has certainly snapped back from worse. What sparked the pullback isn't especially troubling either. The Fed essentially said we're poised for three to four rate hikes this year, beginning in March… a plan most investors hade already made in their heads anyway. Rather,...
The net loss of 0.3% wasn't that big of a deal, to be clear. The S&P 500 has certainly snapped back from worse. What sparked the pullback isn't especially troubling either. The Fed essentially said we're poised for three to four rate hikes this year, beginning in March… a plan most investors hade already made in their heads anyway. Rather,...
By Tyler Bundy, Benzinga Staff IBM are trading higher Tuesday after the company reported better-than-expected fourth-quarter EPS and sales results on Monday. IBM reported quarterly earnings of $3.35 per share, which beat the analyst consensus estimate of $3.14. The company reported quarterly sales of $16.70 billion, which beat the analyst consensus estimate of $16.06 billion. IBM was up 5.27% at...
It remains to be seen if it's been built to last. But, of all the scenarios the bulls could have hoped for on Monday, they one they got was the one they wanted most. No, the market didn't soar…. at least not on a net basis; today's gain of 0.28% for the S&P 500 will hardly win it any awards....
