— Macy's stock is hitting three-year highs after better-than-expected earnings. Here's what the charts look like now. — By Bret Kenwell, TheStreet.com Investors in Macy's (M) are celebrating on Thursday. The shares are hitting multiyear highs after the Cincinnati retailing icon delivered better-than-expected earnings. The retailer has been struggling for years as consumers' shift to e-commerce has made life tough...
— Walmart stock is trading lower after despite reporting strong quarterly results. Here's the must-hold level on the charts now — By Bret Kenwell, TheStreet.com Shares of Walmart (WMT) are not trading that well on the day, down 3% on Tuesday and making new session lows as we type. While it's not getting obliterated, bulls were hopeful that the stock...
By Keris Lahiff, CNBC Stocks are taking a breather after last week's highs, but one sector is breaking out. The materials sector was the only S&P 500 slice at record highs on Thursday and was tracking for a sixth weekly gain in a row, its best streak since May. These stocks are likely beneficiaries of the $1.2 trillion infrastructure package...
Stocks may have ended the week on a bullish note, but the week itself wasn't bullish. For the first time in six weeks, the market logged a net loss for the past five trading days. The worry we voiced a week ago has (thus far, anyway) been merited. Investors would still be wise to plan for the worst even if...
Stocks may have ended the week on a bullish note, but the week itself wasn't bullish. For the first time in six weeks, the market logged a net loss for the past five trading days. The worry we voiced a week ago has (thus far, anyway) been merited. Investors would still be wise to plan for the worst even if...
— Coinbase stock is off the lows, but is getting hit on earnings. Here are the two levels it needs to reclaim and the one level it needs to hold. — By Bret Kenwell, TheStreet.com Coinbase (COIN) stock is down about 5.5% after reporting disappointing earnings, but that's much better than its morning losses. At its session low, shares were...
— It's been a tough run for PayPal stock, which is now down 11% on earnings and more than 30% off its highs. When will it bottom? — By Bret Kenwell, TheStreet.com PayPal (PYPL) shares are getting rocked on Tuesday, down more than 11% at last check in the session. When the company reported earnings after the close on Monday,...
By Lizzy Gurdus, CNBC Bitcoin's recent breakout likely has legs, but investors should be cautious with how much of the cryptocurrency they own, says Inside Edge Capital Management founder Todd Gordon. "I think it should be a part of client portfolios, but a small part," Gordon told CNBC's "Trading Nation" after bitcoin hit a new all-time high on Tuesday. "We...
Another week, another win, with this one being even bigger than the last. The S&P 500 rallied 2.0% from the previous week's close, versus that week's 1.3% advance. Of course, the big move carried the market a little deeper into record-high territory, logging the fifth consecutive weekly gain. The momentum looks rock-solid. And, maybe it is. There's a major problem...
Another week, another win, with this one being even bigger than the last. The S&P 500 rallied 2.0% from the previous week's close, versus that week's 1.3% advance. Of course, the big move carried the market a little deeper into record-high territory, logging the fifth consecutive weekly gain. The momentum looks rock-solid. And, maybe it is. There's a major problem...
