— Netflix stock is getting crushed after the earnings report. Is it time to buy or get out of the way? — By Bret Kenwell, TheStreet.com Stocks fell on Wednesday, had a nasty bearish reversal on Thursday — and then Netflix (NFLX) really dashed the bulls' hopes, reporting a disappointing quarterly result. The market is trying to find its footing...
The market is a lot like the ocean… you never want to turn your back on it for too long. Or, to put it in more direct terms, last week (the worst week since March of 2020 when the pandemic made landfall in the U.S.) is how the market punishes traders who've learned to presume you can buy on any...
The market is a lot like the ocean… you never want to turn your back on it for too long. Or, to put it in more direct terms, last week (the worst week since March of 2020 when the pandemic made landfall in the U.S.) is how the market punishes traders who've learned to presume you can buy on any...
— Goldman Sachs is getting clobbered on earnings, but there's still a reasonable long setup on the dip. Here's where. — By Bret Kenwell , TheStreet.com Unfortunately for investors in Goldman Sachs (GS), the stock is continuing the pattern we've seen with a few of its peers when they started reporting earnings last week. Like JPMorgan (JPM) did last week...
No, it's not the next chapter of the Sex and the City reboot now called And Just Like That. Rather, just like that, after Tuesday's drubbing the stock market is either hanging by a thread, or over the cliff already. It's something we mentioned on Sunday's Weekly Market Outlook… the prospect that both the S&P 500 as well as the...
No, it's not the next chapter of the Sex and the City reboot now called And Just Like That. Rather, just like that, after Tuesday's drubbing the stock market is either hanging by a thread, or over the cliff already. It's something we mentioned on Sunday's Weekly Market Outlook… the prospect that both the S&P 500 as well as the...
Early this month we explained how shares of grocery store chain Kroger (KR) appeared to have more upside ahead. Although the purpose of that commentary was to point out how the stock's history could help us figure out its future, certainly a few people borrowed the idea for a real trade too. And, that's fine. You secured about three points...
Early this month we explained how shares of grocery store chain Kroger (KR) appeared to have more upside ahead. Although the purpose of that commentary was to point out how the stock's history could help us figure out its future, certainly a few people borrowed the idea for a real trade too. And, that's fine. You secured about three points...
The market snapped back from Friday's intraday loss to close the bulk of last week's setback, although it still closed a tad in the red for the five-day stretch. Good thing too, since any further losses would have pulled the indices under major technical support. Nevertheless, the market remains within striking distance of its key floors; one or two more...
The market snapped back from Friday's intraday loss to close the bulk of last week's setback, although it still closed a tad in the red for the five-day stretch. Good thing too, since any further losses would have pulled the indices under major technical support. Nevertheless, the market remains within striking distance of its key floors; one or two more...
