For weeks now we've been keeping close tabs on two familiar indices… the S&P 500, and the NASDAQ Composite. Between the two, we typically see all we need to see. This time around though, perhaps we should have been watching the Russell 2000 Small Cap Index. It's drawn some major lines in the sand that may tell us better than...
For weeks now we've been keeping close tabs on two familiar indices… the S&P 500, and the NASDAQ Composite. Between the two, we typically see all we need to see. This time around though, perhaps we should have been watching the Russell 2000 Small Cap Index. It's drawn some major lines in the sand that may tell us better than...
— Nvidia continues to crank out new highs, but the stock doesn't look like it's finished just yet. Let's look at the chart. — By Bret Kenwell, TheStreet.com Nvidia (NVDA) continues to churn out the gains, as it blasted to a new all-time high on Monday. The company reported earnings last week, beating analysts' expectations and providing a solid forward...
The strong finish to the week wasn't enough to offset the even-bigger selloff suffered on Tuesday and Wednesday. All told, the S&P 500 tumbled nearly 0.6%, seemingly feeling the weight of a rally that began all the way back in March of last year. And yet, the rally ultimately remains intact. The bulls pushed back when and where they absolutely...
The strong finish to the week wasn't enough to offset the even-bigger selloff suffered on Tuesday and Wednesday. All told, the S&P 500 tumbled nearly 0.6%, seemingly feeling the weight of a rally that began all the way back in March of last year. And yet, the rally ultimately remains intact. The bulls pushed back when and where they absolutely...
By Ernestine Siu, CNBC Travel stocks have taken a hit this week as fears over the delta variant grow. As of Thursday's close, hotel stocks such as Hyatt, Hilton, Marriott and InterContinental were on track for weekly losses as steep as 4%, far wider than the 1% drop for the S&P 500. Those names were also under pressure after the...
By Ernestine Siu, CNBC Travel stocks have taken a hit this week as fears over the delta variant grow. As of Thursday's close, hotel stocks such as Hyatt, Hilton, Marriott and InterContinental were on track for weekly losses as steep as 4%, far wider than the 1% drop for the S&P 500. Those names were also under pressure after the...
By Lizzy Gurdus, CNBC Tesla's recent declines are taking the stock to treacherous territory, one trader warns. Shares of the electric vehicle manufacturer fell nearly 3% to $665.71 on Tuesday after the National Highway Traffic Safety Administration launched a probe into the safety of its Autopilot program. That puts the stock near a "critical" level on the charts, MKM Partners...
In the grand scheme of things, Wednesday's 1.0% setback isn't the end of the world; the market's certainly survived (and even shrugged off) worse. Given the context and underlying details of the modest pullback though, it's something to note. But, first things first. As a trader, you should be wary of making the same cause-effect assumptions the media likes to...
In the grand scheme of things, Wednesday's 1.0% setback isn't the end of the world; the market's certainly survived (and even shrugged off) worse. Given the context and underlying details of the modest pullback though, it's something to note. But, first things first. As a trader, you should be wary of making the same cause-effect assumptions the media likes to...
