— Pfizer is rallying after its earnings report, but the stock faces resistance. Above and the shares can continue to run. Below? Here's support. — By Bret Kenwell, TheStreet.com Pfizer (PFE) shares are higher on Tuesday, up about 3% so far on the day after the health-care stalwart reported earnings. The outperformance is not that notable on a percentage basis,...
The second winning week in a row did much of what the first week couldn't. Namely, the key stock indices cleared a few technical hurdles. There are still a few more ahead, but this is a good start to at least a shot at the usual year-end bullishness. This week will be a critical one if that's what's in the...
The second winning week in a row did much of what the first week couldn't. Namely, the key stock indices cleared a few technical hurdles. There are still a few more ahead, but this is a good start to at least a shot at the usual year-end bullishness. This week will be a critical one if that's what's in the...
In Sunday's Weekly Market Outlook we voiced cautious bullishness. That is to say, we acknowledged Friday's gains pushed scales toward net bullishness, but we still weren't convinced the effort would really go anywhere. After Wednesday, we're still not convinced. The S&P 500 in the black by a fair amount on Wednesday. When push came to shove as the closing bell...
In Sunday's Weekly Market Outlook we voiced cautious bullishness. That is to say, we acknowledged Friday's gains pushed scales toward net bullishness, but we still weren't convinced the effort would really go anywhere. After Wednesday, we're still not convinced. The S&P 500 in the black by a fair amount on Wednesday. When push came to shove as the closing bell...
— Shares of General Motors are racing higher after an earnings beat. Can it drive through resistance? Here's the level to know now. — By Bret Kenwell, TheStreet.com Shares of General Motors (GM) traded higher on Tuesday, up 3.6% after the auto giant reported earnings before the open. It's up another 2.5% at last check Wednesday. The company reported a...
— Tesla stock has touched a 52-week low, but is that a cause for concern? Here are the upside and downside levels to know right now. — By Bret Kenwell, TheStreet.com Shares of Tesla (TSLA) are in need of a recharge. Really, though, the problems with Tesla began several weeks ago when it delivered a disappointing quarterly delivery result. The...
It was a choppy, inconsistent effort. When the bulls had to make their stand though, they did. The S&P 500 fought its way back above a key technical ceiling on Friday to end the week on a high note. It'll be much easier to start this week out on a bullish foot as a result, which may be just enough...
It was a choppy, inconsistent effort. When the bulls had to make their stand though, they did. The S&P 500 fought its way back above a key technical ceiling on Friday to end the week on a high note. It'll be much easier to start this week out on a bullish foot as a result, which may be just enough...
— AT&T stock is rallying after a top- and bottom-line beat. The charts hold the clue as to whether the rally can continue. — By Bret Kenwell, TheStreet.com Shares of AT&T (T) are enjoying a strong post-earnings reaction on Thursday, up about 10% at last check. The company delivered an earnings and revenue beat. Further, it raised its full-year adjusted-earnings...
