On the surface it looks stellar. While Friday's mixed bag translates into a zero-sum session overall, few traders couldn't forgive the market for taking a breather. Stocks rallied firmly the first four days of the week, and the S&P 500 is now up 6.3% since its early October low. A pause could be expected here, and is hardly a red...
On the surface it looks stellar. While Friday's mixed bag translates into a zero-sum session overall, few traders couldn't forgive the market for taking a breather. Stocks rallied firmly the first four days of the week, and the S&P 500 is now up 6.3% since its early October low. A pause could be expected here, and is hardly a red...
By Lizzy Gurdus, CNBC The Dow Jones Industrial Average may have hit a record this week, but some of its components still have room to catch up. One-third of the Dow is still more than 10% away from 52-week highs, with heavy hitters including Amgen, Boeing, Intel, Caterpillar and Disney among the furthest off their respective peaks. One name caught...
By Keris Lahiff, CNBC Chinese stocks have made a surprise comeback this month. Some of the top U.S.-listed names such as Bilibili, Alibaba, JD.com and Baidu have soared in October even as China's economy has slowed and the threat of more regulation in technology and other sectors remains. Chinese GDP in the third quarter grew at its weakest pace in...
— Johnson & Johnson stock is rallying after beating on earnings expectations. Here's where the stock could go now — By Bret Kenwell, TheStreet.com Johnson & Johnson (JNJ) shares are trading higher on Tuesday, up about 3% on the day after reporting earnings before the open. Earnings climbed more than 18% year over year, easily beating expectations. Despite a near-11%...
— Virgin Galactic stock had verged on a breakout. Now it's dropping. Here's where we're looking to buy the dip. — By Bret Kenwell, TheStreet.com Shares of Virgin Galactic (SPCE) are under pressure on Friday amid gains in the broader stock market. While the S&P 500 works on its third straight day of gains, Virgin Galactic is getting hammered and...
By Lizzy Gurdus, CNBC Semiconductor stocks are worth buying on any weakness, portfolio manager John Petrides told CNBC's "Trading Nation" on Thursday. "My team in particular is in a buy-the-dip mentality for the overall equity market," said Petrides, who works in Tocqueville Asset Management's wealth division. "We would further that to buy the chip dip when the semiconductors, the chip...
After a modest washout through Wednesday's action, the bulls stepped up to the plate on Thursday in a huge way, logging the biggest daily win for the market since March. Friday's follow-through sealed the deal, leading the indices back above some key lines in the sand, and topping off what turned out to be a 1.8% advance for the five-day...
After a modest washout through Wednesday's action, the bulls stepped up to the plate on Thursday in a huge way, logging the biggest daily win for the market since March. Friday's follow-through sealed the deal, leading the indices back above some key lines in the sand, and topping off what turned out to be a 1.8% advance for the five-day...
— AMD stock on Wednesday gave the bulls a powerful rotation. They remain in control as attention now shifts to the upside. Here's the chart. — By Bret Kenwell, TheStreet.com Advanced Micro Devices (AMD) stock on Wednesday tipped its hand that this name still has potential strength. In fact, growth stocks in general performed pretty well on Wednesday despite the...
