The bears just squandered their best chance to halt this rally in its tracks. Stocks fought their way to record highs early last week, and after wobbling for a bit in the middle of the week, rekindled long-standing bullishness to end last week on the highest of high notes… at another record high. When will the music stop? Good question....
The bears just squandered their best chance to halt this rally in its tracks. Stocks fought their way to record highs early last week, and after wobbling for a bit in the middle of the week, rekindled long-standing bullishness to end last week on the highest of high notes… at another record high. When will the music stop? Good question....
By Keris Lahiff, CNBC It's a tale of two chipmakers in the semiconductor space. Nvidia, the largest stock in the SMH semiconductor ETF, hit records Tuesday and rallied another 7% on hopes Facebook's investment in virtual reality and the metaverse will be beneficial. The shares are up nearly 90% this year. Taiwan Semi, the second-largest SMH stock, has had a...
— AMD stock is struggling for upside traction after another solid earnings report. Here's where investors should be looking to buy the dip. — By Bret Kenwell, TheStreet.com Shares of Advanced Micro Devices (AMD) are trying to rally on Wednesday, up about 2% so far on the day. While the bulls may have wanted a more spectacular post-earnings reaction, how...
— Nvidia and AMD hit new all-time highs, but that makes them increasingly difficult to trade. Here's how we're looking at Nvidia stock now. — By Bret Kenwell, TheStreet.com Nvidia (NVDA) stock is on fire. On Monday, it hit all-time highs and on Tuesday, shares ignited higher by more than 8%. While Nvidia has had bouts of underperformance, it's hard...
Another week, another win. That's the third weekly win in a row, with this one carrying the market – or at least the S&P 500 – to record highs. We have to take the bullishness at face value and presume the momentum will remain in place until it's clear it's out of gas. But, things didn't end ideally. The stretched,...
Another week, another win. That's the third weekly win in a row, with this one carrying the market – or at least the S&P 500 – to record highs. We have to take the bullishness at face value and presume the momentum will remain in place until it's clear it's out of gas. But, things didn't end ideally. The stretched,...
On the surface it looks stellar. While Friday's mixed bag translates into a zero-sum session overall, few traders couldn't forgive the market for taking a breather. Stocks rallied firmly the first four days of the week, and the S&P 500 is now up 6.3% since its early October low. A pause could be expected here, and is hardly a red...
On the surface it looks stellar. While Friday's mixed bag translates into a zero-sum session overall, few traders couldn't forgive the market for taking a breather. Stocks rallied firmly the first four days of the week, and the S&P 500 is now up 6.3% since its early October low. A pause could be expected here, and is hardly a red...
By Lizzy Gurdus, CNBC The Dow Jones Industrial Average may have hit a record this week, but some of its components still have room to catch up. One-third of the Dow is still more than 10% away from 52-week highs, with heavy hitters including Amgen, Boeing, Intel, Caterpillar and Disney among the furthest off their respective peaks. One name caught...
