— Alibaba stock is still down about 60% from its all-time high. When will the stock's decline end? — By Bret Kenwell, TheStreet.com Alibaba (BABA) – Get Alibaba Group Holding Ltd. Report has been a train wreck. While the stock is up 10% on Monday, it barely looks that way on the chart. That's after 11 daily declines in the...
By Keris Lahiff, CNBC Stocks are coming off a volatile week on Wall Street. The S&P 500 closed Friday with a weekly loss of more than 1%, its second down week in a row, as inflation worries, a weaker-than-expected jobs report, fears of a Federal Reserve tapering sooner than expected and the arrival of the omicron variant in the U.S....
It was the second sizeable weekly setback in a row for the market. But, it's still not like the selling has raced out of control. Indeed, the shape and scope of last week's bars at least opens the door to the possibility of a bounce this week. That's not a prediction, to be clear. It's just a possibility rooted in...
It was the second sizeable weekly setback in a row for the market. But, it's still not like the selling has raced out of control. Indeed, the shape and scope of last week's bars at least opens the door to the possibility of a bounce this week. That's not a prediction, to be clear. It's just a possibility rooted in...
By Lizzy Gurdus, CNBC Twitter is nearing a turning point, says one top strategist. Shares of the social media company hit lows not seen since 2020 on Thursday, extending a decline that began in late October and accelerated after Monday's announcement that Chief Technology Officer Parag Agrawal would succeed Jack Dorsey as CEO. Ark Invest's Cathie Wood confirmed her firm...
We've seen the market into headwinds before, often to no avail. And, every slowdown since April of last year has been shrugged off sooner or later before stocks got too deep into trouble. The recent lull may well meet the same non-fatal fate. On the other hand, there are some things that are very near completion that would signal bigger...
We've seen the market into headwinds before, often to no avail. And, every slowdown since April of last year has been shrugged off sooner or later before stocks got too deep into trouble. The recent lull may well meet the same non-fatal fate. On the other hand, there are some things that are very near completion that would signal bigger...
— The stock market is technically in one of its most bullish periods of the year, but after Friday's pullback, investors are worried. Here's how to proceed. — By Bret Kenwell, TheStreet.com There were some caution flags coming out as we entered the holiday-shortened trading week. The major indices – particularly the Nasdaq – had bearish divergence on the charts,...
The holiday-shortened week appeared to be moving along nicely, even if sleepily. Then, WHAM! Word a new variant of the COVID-19 virus up-ended everything. Friday's big losses led the market to one of the biggest weekly losses logged in months. There are two diametrically-opposed views of the steel selloff. One is, the pullback was so big that a bounce is...
The holiday-shortened week appeared to be moving along nicely, even if sleepily. Then, WHAM! Word a new variant of the COVID-19 virus up-ended everything. Friday's big losses led the market to one of the biggest weekly losses logged in months. There are two diametrically-opposed views of the steel selloff. One is, the pullback was so big that a bounce is...
