Despite its decent start, the first trading week ended up not being a very encouraging one. All the major indices lost ground, and more than a little of it. The NASDAQ Composite now stands nearly 4.4% its 2021 closing price, and is knocking on the door of a fairly significant support level. One more rough day could break that floor,...
Despite its decent start, the first trading week ended up not being a very encouraging one. All the major indices lost ground, and more than a little of it. The NASDAQ Composite now stands nearly 4.4% its 2021 closing price, and is knocking on the door of a fairly significant support level. One more rough day could break that floor,...
Things don't look too bad on the surface. The S&P 500 fell 0.1%, while the NASDAQ Composite slid 0.13%. As was noted on Wednesday, the market is still above key technical lines in the sand, and there's still a little room to give. Even with today's intraday bounce, however, the market is closer to a breaking point than the bulls...
Things don't look too bad on the surface. The S&P 500 fell 0.1%, while the NASDAQ Composite slid 0.13%. As was noted on Wednesday, the market is still above key technical lines in the sand, and there's still a little room to give. Even with today's intraday bounce, however, the market is closer to a breaking point than the bulls...
— Bed Bath & Beyond stock is rallying despite a top- and bottom-line earnings miss. Does that make the stock a buy? Let's look. — By Bret Kenwell, TheStreet.com Shares of Bed Bath & Beyond (BBBY) were volatile this morning before the open on Thursday. In premarket trading, the stock initially plunged after the company reported earnings. At one point...
Most of the time a one-day setback of 2.0% for the market means something. Sometimes, it's an omen of things to come, indicating the tide has taken a decided turn for the worst. And to be clear, there was nothing fun (for the bulls) about Wednesday's action. As ugly as today's session was, however, it's not as if this has...
Most of the time a one-day setback of 2.0% for the market means something. Sometimes, it's an omen of things to come, indicating the tide has taken a decided turn for the worst. And to be clear, there was nothing fun (for the bulls) about Wednesday's action. As ugly as today's session was, however, it's not as if this has...
With nothing more than a quick glance it would seem Kroger (KR) stock is too far gone to step into now. Shares are up 18% from October's low, which is typically about as far as any stock of its ilk can travel in one shot. Indeed, that's a little farther than a grocery stock should be able to move that...
With nothing more than a quick glance it would seem Kroger (KR) stock is too far gone to step into now. Shares are up 18% from October's low, which is typically about as far as any stock of its ilk can travel in one shot. Indeed, that's a little farther than a grocery stock should be able to move that...
Stocks ended the week with a gain, but all of that gain was reaped on Monday. The market drifted downward over the course of the last four days of last week, with traders neither buying nor selling in a big way to start the new year off with (or without) any particular positions. Generally speaking, the whimpering action would suggest...
