Following through on the reversal effort made two weeks ago, the market eked out another gain last week despite Thursday's drubbing. At the very least stocks backed away from the edge of the cliff, and back to within sight of key technical ceilings. More upside is hardly a foregone conclusion though. Those ceilings still stand in the way, and it's...
— Here are the major support and resistance areas to know for Amazon stock ahead of the tech and online-retail giant's earnings. — By Bret Kenwell, TheStreet.com Coming into Amazon's (AMZN) earnings report, the shares have been the clear laggard within the FAANG group. Investors' reactions, however, have varied widely. Netflix (NFLX) plunged on its results, falling more than 20%...
Following January's sizeable losses for the broad market, it would be easy to be concerned about what's coming the rest of the year. While it shouldn't matter, perceptions are powerful. It would be very easy for investors to presume things are going to be bearish this year, after the tone set in January. Lackluster jobs figures only underscore the prospect...
Following January's sizeable losses for the broad market, it would be easy to be concerned about what's coming the rest of the year. While it shouldn't matter, perceptions are powerful. It would be very easy for investors to presume things are going to be bearish this year, after the tone set in January. Lackluster jobs figures only underscore the prospect...
— AMD is set to report earnings on Tuesday after the close. Here's what the chart says now — By Bret Kenwell, TheStreet.com Advanced Micro Devices (AMD) is ripping higher on Monday, following some of the late-day buying that gave it a big boost on Friday. For what it's worth, Nvidia (NVDA) also ripping higher in the session, while tech...
A strong showing on Friday salvaged what would have otherwise been another losing week. But, is it enough to stop and reverse the bigger meltdown that took shape beginning this month? It's too soon to say. The market's certainly primed for some degree of bounce here, even if only a temporary one. It remains to be seen if there's not...
A strong showing on Friday salvaged what would have otherwise been another losing week. But, is it enough to stop and reverse the bigger meltdown that took shape beginning this month? It's too soon to say. The market's certainly primed for some degree of bounce here, even if only a temporary one. It remains to be seen if there's not...
— Intel is moving lower on earnings. Here's the level it has to hold before faces an even deeper dip. — By Bret Kenwell, TheStreet.com Intel (INTC) shares are getting buried on the day after the company reported its fourth-quarter earnings. The action comes after a mixed day in the overall market and as investors try to sort out the...
A: A solid gain that easily turned into daily loss. On Wednesday we suggested "the market" (traders, collectively) was unconsciously primed for more downside than has already been dished out. Leading us to that prospective conclusion was the fact that the market turned a sizeable win for the day into barely a breakeven after hearing news from the Federal Reserve...
A: A solid gain that easily turned into daily loss. On Wednesday we suggested "the market" (traders, collectively) was unconsciously primed for more downside than has already been dished out. Leading us to that prospective conclusion was the fact that the market turned a sizeable win for the day into barely a breakeven after hearing news from the Federal Reserve...
