It's easy for traders to worry too much about the calendar. While there are certainly some seasonal tendencies we should respect, know that the "average" is an average of widely disparate inputs. This reality check is a particularly important idea to acknowledge right now. While the end of the year is typically a bullish time for stocks — and not...
It's easy for traders to worry too much about the calendar. While there are certainly some seasonal tendencies we should respect, know that the "average" is an average of widely disparate inputs. This reality check is a particularly important idea to acknowledge right now. While the end of the year is typically a bullish time for stocks — and not...
Veteran traders know that while the market rises and falls over and over again, not every sector or grouping or index rises and falls by the same amount. There are always leaders and laggards. Most of these groups at least move in the same direction as the broad market's movement, but every now and then there's an oddball that's completely...
Veteran traders know that while the market rises and falls over and over again, not every sector or grouping or index rises and falls by the same amount. There are always leaders and laggards. Most of these groups at least move in the same direction as the broad market's movement, but every now and then there's an oddball that's completely...
— 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...
