— Macy's stock is flying higher on Thursday following better-than-expected earnings. If it can just clear one key level, it could continue to rally. — By Bret Kenwell, TheStreet.com Shares of Macy's (M) are rocketing higher on Thursday, up more than 12% following a better-than-expected earnings report. The move comes amid a mixed outlook in retail and on a mixed...
— Walmart stock is rallying on earnings and is approaching a key breakout area on the charts. Here's what to make of the action. — By Bret Kenwell, TheStreet.com Walmart (WMT) stock is ripping higher on Tuesday, up more than 7% so far in the session after the retailer reported earnings before the open. If the stock were to close...
It wasn't the sort of a beginning of a bounce we normally like to see. Namely, the market left behind bullish gaps on Thursday and traveled a little too far, too fast. It certainly beats the alternative though. The trick will be letting stocks cool off a bit — and maybe even pull back a bit — without undermining the...
It wasn't the sort of a beginning of a bounce we normally like to see. Namely, the market left behind bullish gaps on Thursday and traveled a little too far, too fast. It certainly beats the alternative though. The trick will be letting stocks cool off a bit — and maybe even pull back a bit — without undermining the...
— AMD stock is trying to rebound after a disastrous 2022 campaign. Here's how it can fly higher going into year-end. — By Bret Kenwell, The Street.com Advanced Micro Devices (AMD) has not had an easy run this year, but like other technology and chip stocks, it has been finding its groove lately. On Thursday, I looked at the improved...
The official counting may not be over for weeks. But, enough ballots have been counted to know our political leaders are pretty evenly distributed among both major parties… ensuring little will get done at least for the last couple of years of President Biden's first term as U.S. President. It's a situation called gridlock. But, that's not necessarily a bad...
The official counting may not be over for weeks. But, enough ballots have been counted to know our political leaders are pretty evenly distributed among both major parties… ensuring little will get done at least for the last couple of years of President Biden's first term as U.S. President. It's a situation called gridlock. But, that's not necessarily a bad...
— Norwegian Cruise stock is trading higher on earnings. If it can maintain the gains, more upside could be in the cards. — By Bret Kenwell, TheStreet.com Norwegian Cruise Line (NCLH) is up about 5.5% so far on Tuesday, after the company reported earnings before the open. The company reported a top- and bottom-line beat, while its revenue outlook for...
— Block stock is rallying nicely on earnings and the levels for both bulls and bears are laid out clearly on the chart. — By Bret Kenwell, TheStreet.com Block (SQ) is in focus on Friday: The shares are up 12% after the company reported earnings on Thursday after the close. Last night, the payment-tech company delivered an earnings and revenue...
The market may have finished last week on a high note. But, it wasn't enough to wipe away the full-week loss. The S&P 500 fell 3.3% last week, reversing two very bullish weeks and at least partially dashing hopes for a firm, brisk recovery. And, stocks hit ceilings right where you'd expect them to. It's too soon to count the...
