Ouch. Stocks clearly took a dive last week, rekindling a selloff that actually got started in early September. The stage was set for at least a rebound effort on Monday, but no dice – the market logged another loss, moving to multi-week lows in the process. Most of the indices also broke below the 100-day moving average lines we mentioned...
Ouch. Stocks clearly took a dive last week, rekindling a selloff that actually got started in early September. The stage was set for at least a rebound effort on Monday, but no dice – the market logged another loss, moving to multi-week lows in the process. Most of the indices also broke below the 100-day moving average lines we mentioned...
— General Motors stock is rallying on Monday, alongside Ford and Tesla. Here's how to trade it from here. — By Bret Kenwell, TheStreet.com General Motor (GM) is pushing higher on Monday, as a trifecta of major automotive stocks buck the trend in the broader market. The S&P 500 is down 1.5% and the Nasdaq is down about 2.5%. Yet...
The week ended on a high note, reversing the selloff that lasted through the very end of November to get October started on a bullish foot. But, even with Friday's sizable gains the stock market remains on the defensive. Friday's bounce may have been just that – a bounce, born from the sheer depth of the recent selling. The bulls...
The week ended on a high note, reversing the selloff that lasted through the very end of November to get October started on a bullish foot. But, even with Friday's sizable gains the stock market remains on the defensive. Friday's bounce may have been just that – a bounce, born from the sheer depth of the recent selling. The bulls...
On the surface it doesn't seem like that big of a deal; the market's certainly bounced back from worse. But, Thursday's moderate pullback from the market was actually pretty damaging, laying (much) more groundwork for a more serious correction. Take the S&P 500 as an example. It toyed with the possibility on Tuesday and Wednesday, but on Thursday it finally...
On the surface it doesn't seem like that big of a deal; the market's certainly bounced back from worse. But, Thursday's moderate pullback from the market was actually pretty damaging, laying (much) more groundwork for a more serious correction. Take the S&P 500 as an example. It toyed with the possibility on Tuesday and Wednesday, but on Thursday it finally...
The effort's been underway for weeks now. But, it finally got some meaningful traction this week. The U.S. dollar – as measured by the U.S. Dollar Index – is rallying firmly now, with (almost) nothing left to stand in the way. If it continues to rise, there's a ripple effect that works directly against commodities, and somewhat indirectly against most...
The effort's been underway for weeks now. But, it finally got some meaningful traction this week. The U.S. dollar – as measured by the U.S. Dollar Index – is rallying firmly now, with (almost) nothing left to stand in the way. If it continues to rise, there's a ripple effect that works directly against commodities, and somewhat indirectly against most...
— Ford stock still trades well on the long side. It may be time to book some profit and raise our stop-loss on this great trade, while looking for more upside — By Bret Kenwell, TheStreet.com Ford (F) shares are enjoying a solid day of gains. While the stock is down from the high, shares are still higher by 1.9%...
