You've heard it before, but after Tuesday's action, it needs to be said again – stocks are near a breaking point, but not yet past it. If things go poorly (for the bulls) on Wednesday, the S&P 500 will find itself beyond that line in the sand. The daily chart of the index in question speaks for itself. The S&P...
You've heard it before, but after Tuesday's action, it needs to be said again – stocks are near a breaking point, but not yet past it. If things go poorly (for the bulls) on Wednesday, the S&P 500 will find itself beyond that line in the sand. The daily chart of the index in question speaks for itself. The S&P...
— Moderna stock is starting to regain some bullish momentum. Will it be enough to send it back to $500? Let's look at the chart. — By Bret Kenwell, TheStreet.com Shares of Moderna (MRNA) opened higher on Friday, but ended the day down 1.43%. The stock added 7.8% Thursday. The volatility comes as there remains a strong push for vaccinations...
Last week was a loser, and a particularly big one given that we only had four trading days to do any damage to the market. All told, the S&P 500 fell 1.7% last week, marking the worst week for stocks since June. And yet, as rough as it was, the bigger-picture rally is still intact. All of the most important...
Last week was a loser, and a particularly big one given that we only had four trading days to do any damage to the market. All told, the S&P 500 fell 1.7% last week, marking the worst week for stocks since June. And yet, as rough as it was, the bigger-picture rally is still intact. All of the most important...
It was anything but a winner, with stocks getting spooked by a confusing message about healthcare from President Biden, and of course, COVID-19. But, Thursday's selloff hardly damaged the market beyond report. There is one curious dent, however, that should be pointed out. But, first things first. This is what the S&P 500 looks like as of Thursday's close. The...
It was anything but a winner, with stocks getting spooked by a confusing message about healthcare from President Biden, and of course, COVID-19. But, Thursday's selloff hardly damaged the market beyond report. There is one curious dent, however, that should be pointed out. But, first things first. This is what the S&P 500 looks like as of Thursday's close. The...
— PayPal stock is pulling back. It had pushed higher after it unveiled its $2.7 billion acquisition of Paidy. Here's how to trade it now. — By Bret Kenwell, TheStreet.com Shares of PayPal (PYPL) started strong on Wednesday, opening more than 1% higher — and then faded. The payment processor now is down 1.4% on the day after the stock...
By Lizzy Gurdus, CNBC Netflix should be bought if it pulls back, two traders told CNBC after the stock hit a record high Tuesday. Atlantic Equities raised its price target on the stock to a Street high of $780 per share, citing international adoption in Japan, India and Latin America ex-Brazil. Netflix finished trading up nearly 3% at $606.71. "On...
Stocks tacked on more gains last week, but just barely. The market's struggling with the sheer weight of months of progress, still uncertain it wants to clear the key technical resistance it began tangling with two weeks back. Traders are hesitant for good reason… a couple of good reasons, actually. And yet, that's no reason to assume stocks can't really...
