For a short while last week it looked like the market was positioning for a prolonged recovery. But, no dice. While the conflict in Ukraine gets the bulk of the blame, it's arguable that stocks were going to tumble on Friday regardless, rekindling the downtrend that materialized in early January. There's still a chance the bulls will turn things around....
For a short while last week it looked like the market was positioning for a prolonged recovery. But, no dice. While the conflict in Ukraine gets the bulk of the blame, it's arguable that stocks were going to tumble on Friday regardless, rekindling the downtrend that materialized in early January. There's still a chance the bulls will turn things around....
— Costco stock is falling on earnings, but support is nearby. Here's how to trade it now. — By Bret Kenwell, TheStreet.com Costco Wholesale (COST) is looking to escape this week without too bad of a day on Friday. Shares are currently down almost 4% after the retailer reported earnings. We saw Best Buy (BBY) and Target (TGT) both roar...
From Kitco Gold and silver prices are sharply higher in midday U.S. trading Tuesday, with gold poised to close at a 1.5-year high close. More safe-haven demand amid a very spooked marketplace is featured as the Russia-Ukraine geopolitical situation appears to be deteriorating by the day. April gold futures were last up $35.80 at $1,936.60 and May Comex silver was...
In light of Thursday's bullish intraday reversal and Friday's follow-through on the move, stocks ended the week on a high note. In fact, Friday's push was enough to get the market back in the black for the week. It may well be sign that the selling has run its course and we're entering a period of prolonged bullishness. The fact...
In light of Thursday's bullish intraday reversal and Friday's follow-through on the move, stocks ended the week on a high note. In fact, Friday's push was enough to get the market back in the black for the week. It may well be sign that the selling has run its course and we're entering a period of prolonged bullishness. The fact...
— Tesla stock was hammered this morning, but bulls bought the dip. Here's how to navigate it from here. — By Bret Kenwell, TheStreet.com Tesla (TSLA) looked downright putrid on Thursday morning, opening lower by more than 8% down near $700 and then bottoming at that mark. Shares have now erased almost all those losses and for a moment, Tesla...
— Macy's stock looked to break out on earnings, but is now reversing. Here's the trade. — By Bret Kenwell, TheStreet.com Macy's (M) stock was rallying this morning following better-than-expected earnings. However, those gains have not stuck as we push into Tuesday's afternoon session. Just as the overall market has rolled over from its morning gains, so too is Macy's....
There's still a chance stocks can bounce back from their recent selling… or reselling, to be specific. But, the odds of that outcome are quickly fading. One more bearish day could push all the major indexes past the point of no return. That's just one perspective and possibility, of course. The present market environment has been and remains wildly unpredictable,...
There's still a chance stocks can bounce back from their recent selling… or reselling, to be specific. But, the odds of that outcome are quickly fading. One more bearish day could push all the major indexes past the point of no return. That's just one perspective and possibility, of course. The present market environment has been and remains wildly unpredictable,...
