Oracle Stock Pulls Back. Buy the Dip? Chart Gives a Hint.

— Oracle stock is pulling back mildly after a mixed earnings report. Before you buy the dip, check out this potential support zone. — By Bret Kenwell, TheStreet.com The stock market is still trying to find its footing — and to some degree, so is Oracle (ORCL). But the Austin customer-relations-management-software specialist is down more on Tuesday than the S&P...

Here We Go Again: Wednesday Is a Make-or-Break Day

You've heard it before, but after Tuesday's action, it needs to be said again – stocks are near a breaking point, but not yet past it. If things go poorly (for the bulls) on Wednesday, the S&P 500 will find itself beyond that line in the sand. The daily chart of the index in question speaks for itself. The S&P...

Here We Go Again: Wednesday Is a Make-or-Break Day

You've heard it before, but after Tuesday's action, it needs to be said again – stocks are near a breaking point, but not yet past it. If things go poorly (for the bulls) on Wednesday, the S&P 500 will find itself beyond that line in the sand. The daily chart of the index in question speaks for itself. The S&P...

How Moderna Stock Can Get to $500

— Moderna stock is starting to regain some bullish momentum. Will it be enough to send it back to $500? Let's look at the chart. — By Bret Kenwell, TheStreet.com Shares of Moderna (MRNA) opened higher on Friday, but ended the day down 1.43%. The stock added 7.8% Thursday. The volatility comes as there remains a strong push for vaccinations...

Weekly Market Outlook – The Bears Roar Again, But So Far, It’s Just Noise

Last week was a loser, and a particularly big one given that we only had four trading days to do any damage to the market. All told, the S&P 500 fell 1.7% last week, marking the worst week for stocks since June. And yet, as rough as it was, the bigger-picture rally is still intact. All of the most important...

Weekly Market Outlook – The Bears Roar Again, But So Far, It’s Just Noise

Last week was a loser, and a particularly big one given that we only had four trading days to do any damage to the market. All told, the S&P 500 fell 1.7% last week, marking the worst week for stocks since June. And yet, as rough as it was, the bigger-picture rally is still intact. All of the most important...

Thursday’s Weakness Isn’t Fatal (Yet), But One Red Flag Is Now Waving

It was anything but a winner, with stocks getting spooked by a confusing message about healthcare from President Biden, and of course, COVID-19. But, Thursday's selloff hardly damaged the market beyond report. There is one curious dent, however, that should be pointed out. But, first things first. This is what the S&P 500 looks like as of Thursday's close. The...

Thursday’s Weakness Isn’t Fatal (Yet), But One Red Flag Is Now Waving

It was anything but a winner, with stocks getting spooked by a confusing message about healthcare from President Biden, and of course, COVID-19. But, Thursday's selloff hardly damaged the market beyond report. There is one curious dent, however, that should be pointed out. But, first things first. This is what the S&P 500 looks like as of Thursday's close. The...

Buy the Dip in PayPal? Yes. Here’s How.

— PayPal stock is pulling back. It had pushed higher after it unveiled its $2.7 billion acquisition of Paidy. Here's how to trade it now. — By Bret Kenwell, TheStreet.com Shares of PayPal (PYPL) started strong on Wednesday, opening more than 1% higher — and then faded. The payment processor now is down 1.4% on the day after the stock...
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