There's still one more day left in the trading week for the bulls to get something going. But, after Thursday's close and headed into Friday's action, the bears still have control. In fact, the bulls failed at the one key place where they just couldn't afford to fail, boding poorly for hopes of a summertime recovery. The technical ceilings in...
— Bed Bath & Beyond is hitting its lowest level since April 2020. Here's how to trade it from here. — By Bret Kenwell, TheStreet.com Bed Bath & Beyond (BBBY) wasn't a meme stock to the extent that AMC Entertainment (AMC) and GameStop (GME), but that didn't stop traders from squeezing it higher when the opportunity arose. Because of the...
On the brink of disaster, stocks mustered a great showing when they needed to the most. Thanks to Friday's 3.0% jump, the S&P 500 rallied 6.4% for the shortened trading week. It's certainly a good start to a rebound, but don't count your chickens just yet. Even with the big move, the market is only back to where it was...
On the brink of disaster, stocks mustered a great showing when they needed to the most. Thanks to Friday's 3.0% jump, the S&P 500 rallied 6.4% for the shortened trading week. It's certainly a good start to a rebound, but don't count your chickens just yet. Even with the big move, the market is only back to where it was...
— The ARK Innovation ETF is a key way to measure growth stocks, yet it didn't make a new low with the broader market. Is it about to rally more? — By Bret Kenwell, TheStreet.com The stock market is under intense selling pressure at the moment. The S&P 500 index has fallen in 10 of the last 11 weeks, dropped...
— Apple stock has held up better than all its big peers. But does that make it a buy right now? — By Bret Kenwell, TheStreet.com Though Apple (AAPL) is flirting with losing its $2 trillion valuation mark, it's still the largest-cap company in the U.S. After last week's dip, the Nasdaq now sports a peak-to-trough decline of 34.8%. For...
It was a rough week, but at least the market ended it on something of a high(ish) note. The S&P 500 edged 0.22% higher on Friday, following the NASDAQ's 1.43% bounce. While it was still the worst week for stocks since March of 2020 when the pandemic sent investors into a panic, there's now a glimmer of hope that the...
It was a rough week, but at least the market ended it on something of a high(ish) note. The S&P 500 edged 0.22% higher on Friday, following the NASDAQ's 1.43% bounce. While it was still the worst week for stocks since March of 2020 when the pandemic sent investors into a panic, there's now a glimmer of hope that the...
— There's a bear market in stocks — but that doesn't mean every one of them is trading poorly. Here's some ideas among the charts. — By Bret Kenwell, TheStreet.com There's a bear market in U.S. stocks. And in international stocks. And in cryptocurrencies. And in bonds. Everywhere you look, there's carnage. Or should we say, almost everywhere. Amid the...
Sure, the Fed's decision to up the Fed Funds Rate by 75 basis points on Wednesday was met with open arms by traders, who pumped stocks up to the tune of 2% in response. It's far too soon to say with any certainty that this is evidence that the selloff is over and we're starting a new uptrend though. After...
