Tuesday's jaw-dropping losses might have looked and felt like pure, unbridled insanity. And, perhaps there was a dash of that in the mix. By and large though, most of Tuesday's action made a lot of sense. The move pushed the indices to the brink of a complete meltdown, but curiously, the selling stopped just short of levels that would truly...
— United Parcel Service is trading lower on the earnings report. Is it due to snap higher or test key support? Check the chart. — By Bret Kenwell, TheStreet.com United Parcel Service (UPS) shares on Tuesday are tipping lower by about 3%. That's after the package-delivery giant reported earnings before the open. While the stock is off its session low...
In retrospect, traders were a little too ready to throw in the towel on Friday. While pessimistic comments from Federal Reserve officials can be expected to drive the market lower, Friday's response (in the context of the week's earlier) action feels like a little too much. Maybe investors were also planning to dump some of their holding before the weekend...
In retrospect, traders were a little too ready to throw in the towel on Friday. While pessimistic comments from Federal Reserve officials can be expected to drive the market lower, Friday's response (in the context of the week's earlier) action feels like a little too much. Maybe investors were also planning to dump some of their holding before the weekend...
— Buy or sell the post-earnings strength in Tesla? Let's look at what the chart says — By Bret Kenwell, TheStreet.com Shares of Tesla (TSLA) were electrified this morning, ripping higher and climbing 11.7% at Thursday highs. Acting as the catalyst was the company's better-than-expected earnings report. Tesla topped both earnings and revenue expectations. It continues to deliver upbeat margin...
— Hasbro stock is rallying on earnings and these two levels stick out on the upside — By Bret Kenwell, TheStreet.com Hasbro (HAS) stock is rallying on a mixed quarterly report, up about 5% so far on Tuesday. Will the earnings report be enough to keep Hasbro stock pushing higher? The company actually missed on earnings expectations, with profits dropping...
That's the second weekly loss in a row, and once again, it wasn't a small one. All told, the S&P 500 fell 2.1% in last week's shortened action, and now stands more than 5% below highs hit just three weeks ago. The momentum is clearly a problem for the broad market (though not a problem for traders with bearish positions)....
That's the second weekly loss in a row, and once again, it wasn't a small one. All told, the S&P 500 fell 2.1% in last week's shortened action, and now stands more than 5% below highs hit just three weeks ago. The momentum is clearly a problem for the broad market (though not a problem for traders with bearish positions)....
— Home-goods retailer Bed Bath & Beyond's stock has wavered after it reported results. Here are the key levels to know now. — By Bret Kenwell, TheStreet.com Bed Bath & Beyond (BBBY) stock has been fighting off a tough open. The stock on Wednesday opened more than 12% lower following the Union, N.J., home-goods retailer's earnings report. But the shares...
— JPMorgan will kick off earnings on Wednesday morning. Here are the key levels to know right now. — By Bret Kenwell, TheStreet.com JPMorgan JPM) stock has not been performing well, but you could say that for many of the bank stocks out there. Shares are down about 23% from the highs made in the fourth quarter, which is when...
