The market may have logged a gain last week, bouncing back from the previous week's sizeable setback. But, it wasn't the sort of quality win the bulls would have liked to achieved. We still remain within sight of key technical floors. You still can't turn your back on this market for more than a moment, particularly given all the surprising...
The market may have logged a gain last week, bouncing back from the previous week's sizeable setback. But, it wasn't the sort of quality win the bulls would have liked to achieved. We still remain within sight of key technical floors. You still can't turn your back on this market for more than a moment, particularly given all the surprising...
By Lizzy Gurdus, CNBC There may soon be another chance to buy the only FAANG stock hitting new highs this month. Netflix shares have bucked the sell-off in fellow FAANG names – Facebook, Amazon, Apple and Google parent Alphabet – and the broader technology sector in the past month, climbing to fresh all-time highs. The rise comes as the streaming...
By Keris Lahiff, CNBC A painful month for high-growth stocks has punished the tech-heavy Nasdaq 100. Bond yields have risen on higher inflation expectations over that stretch – high-growth stocks such as technology often fall during these times as their valuations are harder to justify. The QQQ Nasdaq 100 ETF, which holds stocks such as Apple and Microsoft, has fallen...
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...
