Once again the bulls were pushed to the brink of collapse, and once again they fought their way back to safety. Last week didn't just end on a high note. It ended as record-high closes for the NASDAQ as well as the S&P 500. We're one step closer to a major technical hurdle – at least the S&P 500 and...
Once again the bulls were pushed to the brink of collapse, and once again they fought their way back to safety. Last week didn't just end on a high note. It ended as record-high closes for the NASDAQ as well as the S&P 500. We're one step closer to a major technical hurdle – at least the S&P 500 and...
After months of selling stemming from the advent of the pandemic, the U.S. dollar may be close to a recovery. The U.S. Dollar Index is back above all of its key moving average lines, and those lines themselves are have dished out some bullish crossovers (and others are about to do the same). We're also within reach of the first...
After months of selling stemming from the advent of the pandemic, the U.S. dollar may be close to a recovery. The U.S. Dollar Index is back above all of its key moving average lines, and those lines themselves are have dished out some bullish crossovers (and others are about to do the same). We're also within reach of the first...
— While Apple has been trading quite well lately, it hasn't hit new highs like most its mega-cap tech peers. Can it join the party too? — By Bret Kenwell, TheStreet.com Despite the bumpy trading session on Wednesday, Apple (AAPL) stock was up about 1.4% on the day. The stock is hitting its highest level since January, when it made...
By Keris Lahiff, CNBC The Transportation Security Administration in the U.S. screened more than 10 million travelers over the July Fourth holiday weekend, but a different story is emerging overseas. Parts of Asia, Europe and Australia have new lockdowns and reimposed travel restrictions due to the fast-spreading delta variant of the coronavirus. This could impede the comeback for the travel...
A couple of times in the past couple of weeks we've pointed out how large cap growth stocks — mostly FANG stocks — have been unusually strong. That's fine, but not necessarily sustainable. We've been looking for a pullback for a while now, particularly given how the NASDAQ's daily volume and daily breadth has been leaning in a bearish direction....
A couple of times in the past couple of weeks we've pointed out how large cap growth stocks — mostly FANG stocks — have been unusually strong. That's fine, but not necessarily sustainable. We've been looking for a pullback for a while now, particularly given how the NASDAQ's daily volume and daily breadth has been leaning in a bearish direction....
Following through on the previous week's unlikely bullishness, the market logged another gain last week, moving deeper into record-high territory as a result. Better still, there remains plenty of room for more gains… in multiple ways. It's not a perfect scenario for the bulls though. We'll dissect what's going on below. First though, let's look at last week's biggest economic...
Following through on the previous week's unlikely bullishness, the market logged another gain last week, moving deeper into record-high territory as a result. Better still, there remains plenty of room for more gains… in multiple ways. It's not a perfect scenario for the bulls though. We'll dissect what's going on below. First though, let's look at last week's biggest economic...
