As Rough as Wednesday Was, It Didn’t Break the Rally

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...

Kroger’s History Implies More Upside Ahead

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...

Kroger’s History Implies More Upside Ahead

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...

Weekly Market Outlook – An Unheroic End to 2021

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...

Weekly Market Outlook – An Unheroic End to 2021

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...

Will 2022 Be the Year for Amazon Stock to Hit New Highs?

— 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...

Here’s What Apple Stock Needs To Hit To Be Worth $3 Trillion

— 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...

Weekly Market Outlook – Now THAT Was a Santa Claus Rally. 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...

Weekly Market Outlook – Now THAT Was a Santa Claus Rally. 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...

Tesla Is Back Above $1,000. Are New Highs Next?

— 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...
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