A week ago we cautioned traders that the market was sending mixed messages. While the uptrend since mid-March was still intact, there were hints that a pullback was brewing. We got exactly that last week. And yet, there's still a vestige of hope from at least one of the key index charts. It's flimsy support though, and one more rough...
— The S&P 500 and Nasdaq bounced hard to end the first quarter, but are they due to lose more ground? — By Bret Kenwell, TheStreet.com It has not been easy to navigate the stock market this year. Not the S&P 500, not the Nasdaq and not individual stocks. Many individual names are in the midst of a bear market....
— The S&P 500 and Nasdaq bounced hard to end the first quarter, but are they due to lose more ground? — By Bret Kenwell, TheStreet.com It has not been easy to navigate the stock market this year. Not the S&P 500, not the Nasdaq and not individual stocks. Many individual names are in the midst of a bear market....
This Sorta-Rebound Is Starting to Separate Sectors. This Could Be a Big Deal. Despite the pullback late last week, stocks are back in bulls mode, bouncing back from February's rout that bled into the first half of March. Not every sector, however, is doing better of late. Indeed, some sectors are doing downright poorly, while other sectors' stocks remain seemingly...
This Sorta-Rebound Is Starting to Separate Sectors. This Could Be a Big Deal. Despite the pullback late last week, stocks are back in bulls mode, bouncing back from February's rout that bled into the first half of March. Not every sector, however, is doing better of late. Indeed, some sectors are doing downright poorly, while other sectors' stocks remain seemingly...
The good news is, the market ended the week on a high note, ending Thursday's meltdown with a small gain on Friday that at one point early in the session was going to be another down day. The bad news is, even with that semi-bullish intraday reversal most of the major indices didn't log a meaningful gain for the week....
The good news is, the market ended the week on a high note, ending Thursday's meltdown with a small gain on Friday that at one point early in the session was going to be another down day. The bad news is, even with that semi-bullish intraday reversal most of the major indices didn't log a meaningful gain for the week....
By Bret Kenwell, TheStreet.com It has not been the typical ride that long-term Disney (DIS) have seen in the stock price over the past few years. Shares of Disney traded sideways from 2015 until April 2019. That's when it unveiled its streaming plan, which has now become the trio of Hulu, Disney+ and ESPN+. The company has had tremendous success...
Most traders know the broad market imploded very early this year. What many people may not realize, however, is that large cap growth stocks – the market's leading group since the bottom made in early 2020 – also led the way lower. All grouping suffered in January and February, to be clear. But, the market's biggest and high-profile stocks dished...
Most traders know the broad market imploded very early this year. What many people may not realize, however, is that large cap growth stocks – the market's leading group since the bottom made in early 2020 – also led the way lower. All grouping suffered in January and February, to be clear. But, the market's biggest and high-profile stocks dished...
