— 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...
— Moderna stock is getting pummeled after reporting earnings. The pain may not be over, so here's where I'd be looking to buy the dip. — By Bret Kenwell, TheStreet.com Shares of Moderna (MRNA) are dipped 19% on Thursday earnings missed expectations and it cut its projections for COVID vaccine sales. After reporting before the open, the stock came under...
By Keris Lahiff, CNBC Video game stock Activision Blizzard is in the middle of a massive sell-off. The stock fell more than 14% on Wednesday, its worst day since November 2008, after announcing delays for the latest releases in its Overwatch and Diablo franchises. The studio is grappling with sexual harassment and discrimination allegations that led to firings over the...
By Keris Lahiff, CNBC November kicked off with a big rally for small stocks. The small-cap-focused Russell 2000 rose nearly 3% on Monday, far better than the S&P 500 which ended the session only slightly higher. The corner of the market for small caps has lagged the large caps this year, gaining 19% compared with the S&P's 23% increase. Ari...
— Under Armour stock is flying higher on better-than-expected earnings, but is nearing major resistance. Here's how to trade it now. — By Bret Kenwell, TheStreet.com Under Armour (UAA) stock is flying higher on Tuesday, up over 17% in midday trading. The massive rally comes after better-than-expected earnings and as management raised its outlook for the full year. Assuming the...
About a month ago we pointed out the U.S. dollar — as measured by the U.S. Dollar Index — was close to following through on a bullish move that would cement a new, long-lived uptrend in place. The final piece of that puzzle was never put in place, however, allowing the greenback to peel back from a critical technical ceiling....
About a month ago we pointed out the U.S. dollar — as measured by the U.S. Dollar Index — was close to following through on a bullish move that would cement a new, long-lived uptrend in place. The final piece of that puzzle was never put in place, however, allowing the greenback to peel back from a critical technical ceiling....
