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%...
With nothing more than a quick glance at the numbers it would be easy to assume the stock market just slipped over the edge. The S&P 500 tumbled a little more than 2.0% on Tuesday, while the NASDAQ Composite slipped 2.8%. Given the recent weakness from both indices prior to today, Tuesday's steep selloff surely dragged stocks past the point...
With nothing more than a quick glance at the numbers it would be easy to assume the stock market just slipped over the edge. The S&P 500 tumbled a little more than 2.0% on Tuesday, while the NASDAQ Composite slipped 2.8%. Given the recent weakness from both indices prior to today, Tuesday's steep selloff surely dragged stocks past the point...
By Keris Lahiff, CNBC Piper Sandler is betting big on Best Buy. Analysts at the firm called the stock "one of our top ideas," saying its new membership program could be a game changer. The firm has an overweight rating and $150 target on Best Buy. But, it's not the only retailer catching Wall Street's eye. CNBC's "Trading Nation" on...
Most veteran traders understand the rally's been on borrowed time. So, Monday's curious weakness wasn't curious at all. The NASDAQ Composite fell the most, nudging the S&P 500 into the red with it. The Dow actually logged a gain, while the Russell 2000 exploded higher. Makes sense. It looks like investors are swapping out their more aggressive names for seemingly...
Most veteran traders understand the rally's been on borrowed time. So, Monday's curious weakness wasn't curious at all. The NASDAQ Composite fell the most, nudging the S&P 500 into the red with it. The Dow actually logged a gain, while the Russell 2000 exploded higher. Makes sense. It looks like investors are swapping out their more aggressive names for seemingly...
As expected, stocks bounced back hard from Monday's meltdown. As was feared, however, the rebound effort didn't actually get the market back above some key lines in the sand. That could still happen, mind you. As is the case with breakdowns, rebounds can be more of a process than an event. A recovery could take two or three tries before...
