When all was said and done last week, the S&P 500 had gained 3.8% from the previous Friday's close, logging a record-high close in the process. The move also stopped — and then reversed — some pretty strong selling suffered over the course of the prior two weeks. Not bad. It looks like traders are anticipating a Santa Claus rally...
— Nvidia and AMD have been best-of-breed growth stocks, as the stocks hit record highs. Here's how to trade them now — By Bret Kenwell, TheStreet.com The semiconductor stocks have been doing quite well lately and Nvidia (NVDA) and Advanced Micro Devices (AMD) have been leading the way. Nvidia and AMD have become staple holdings in growth investors' portfolios, particularly...
It's been a while since our last look at the FANG stocks; there's not been much to discuss. Over the course of just the past few days though, that's dramatically changed. The five stocks that make up the FANG group aren't all moving in the same direction, and even the ones that are aren't moving in those directions at the...
It's been a while since our last look at the FANG stocks; there's not been much to discuss. Over the course of just the past few days though, that's dramatically changed. The five stocks that make up the FANG group aren't all moving in the same direction, and even the ones that are aren't moving in those directions at the...
— 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...
