— Despite better-than-expected earnings and solid guidance, DocuSign stock remains below a key level — By Bret Kenwell, TheStreet.com DocuSign (DOCU) shares are up nicely but are off from the post-earnings-report high. At last check the shares of the document-security-software provider were up about 11%; at one point they were up 14.5%. The move comes after the stock rallied more...
The market's three-week losing streak finally came to a close last week, in spades. The S&P 500 rallied 3.6% last week, pushing its way back above some key technical resistance lines. Ditto for the NASDAQ Composite. It's hardly an ironclad move, but it's a start. We'll take a look at the move in some detail below. First, though, let's look...
The market's three-week losing streak finally came to a close last week, in spades. The S&P 500 rallied 3.6% last week, pushing its way back above some key technical resistance lines. Ditto for the NASDAQ Composite. It's hardly an ironclad move, but it's a start. We'll take a look at the move in some detail below. First, though, let's look...
— Is Nio a buy after the earnings report? The chart notes a major resistance level. — By Bret Kenwell, TheStreet.com Nio (NIO) investors were hoping for a better reaction to the electric-vehicle company's earnings report, which it issued before the open. The reaction so far? Mixed. The shares fell just over 3% near the open, flipped positive, sported a...
For the first time in a long time, the market logged a gain. The S&P 500 rallied 1.8% on Wednesday, while the NASDAQ Composite snapped a seven-day losing streak with a 2.1% romp. If you think this is evidence that things have taken a longer-term turn for the better though, think again. Today's advance can be chalked up to the...
For the first time in a long time, the market logged a gain. The S&P 500 rallied 1.8% on Wednesday, while the NASDAQ Composite snapped a seven-day losing streak with a 2.1% romp. If you think this is evidence that things have taken a longer-term turn for the better though, think again. Today's advance can be chalked up to the...
For a third week in a row the market lost ground, easing into its usual September swoon that typically starts in August. Thanks to last week's 3.3% pullback, the S&P 500 now sits nearly 9.3% below its August peak, and seemingly reaching for lower lows. The most bullish aspect of the action is the speed at which it's all unfurled...
For a third week in a row the market lost ground, easing into its usual September swoon that typically starts in August. Thanks to last week's 3.3% pullback, the S&P 500 now sits nearly 9.3% below its August peak, and seemingly reaching for lower lows. The most bullish aspect of the action is the speed at which it's all unfurled...
— Bitcoin is trying to avert its third straight weekly decline. Here's what the charts say. — By Bret Kenwell, TheStreet.com Bitcoin prices haven't been excluded from the recent selloff. While the S&P 500 is working on its third straight weekly decline, bitcoin is trying to avert its third straight weekly drop. Cryptocurrencies proved to trade well in anticipation of...
It would be easy to dismiss Tuesday's selloff as just more of the same, reflective of the market "being in a mood." And, that may be all there is to it. The pullback may just need to finish running its course. Perhaps it's already done so. There's more to Tuesday's tumble than there seems to be on the surface though....
