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...
— Amazon is up just 2.5% in 2021 with one trading day left to go. Here's how to trade the stock as we gear up for 2022. — By Bret Kenwell, TheStreet.com Amazon (AMZN) has not had a great year. With just one trading day left in 2021, Amazon is up only 2.5% for the year. That badly lags the...
— Apple is knocking on the door to a $3 trillion market cap again. Here's where that level is at on the charts and what levels are in play beyond it — By Bret Kenwell, TheStreet.com Apple (AAPL) stock is again back in the spotlight on Tuesday. Not that it's hard for the tech giant to find itself there, but...
The market may have started the week with a less, and the holiday may have given stocks one less day to make up for it. But, it didn't matter. By the time the week's closing bell rang on Thursday, the market was up nearly 2.3% from the prior Friday's close, ending the session at a record-high close. Not bad… not...
The market may have started the week with a less, and the holiday may have given stocks one less day to make up for it. But, it didn't matter. By the time the week's closing bell rang on Thursday, the market was up nearly 2.3% from the prior Friday's close, ending the session at a record-high close. Not bad… not...
— Tesla stock is back on the move and this time, it's trading back above $1,000. Here's how the charts are setting up now — By Bret Kenwell, TheStreet.com Tesla (TSLA) shares are rallying higher on Wednesday, up 7.5% and climbing back above $1,000 a share. That's got bulls cheering the stock's recent run. On Tuesday, Tesla stock hit its...
By Lizzy Gurdus, CNBC This quarter's worst-performing sector could make a comeback in the new year, one trader says. The final three months of 2021 have been volatile for U.S. stocks as heightened concerns around the Covid omicron variant and inflation risks sparked more regular swings in the major indexes. Communications stocks have lagged the rest of the S&P 500,...
— Vaccine stocks are in the spotlight as the Omicron Covid variant runs around the world. Let's look at how the charts are setting up now. — By Bret Kenwell, TheStreet.com Vaccines have been in heavy demand due to the ongoing Covid-19 pandemic. As a result, the major vaccine stocks have been in the spotlight. They are largely identified as...
Fears of more trouble from omicron ended up getting the better of investors on Monday, despite Friday's late rebound effort. All told, stocks closed about 1.2% lower to get the new trading week going. We've survived worse, of course. In fact, we've come roaring back from worse. As the often-dangerous saying goes though, this time could be different. In question...
Fears of more trouble from omicron ended up getting the better of investors on Monday, despite Friday's late rebound effort. All told, stocks closed about 1.2% lower to get the new trading week going. We've survived worse, of course. In fact, we've come roaring back from worse. As the often-dangerous saying goes though, this time could be different. In question...