Want to be a better trader? Then learn from real-life examples. Use winning trades as templates for future trades, and pay particular attention to how technical indicators you may not be familiar with unfurl with these trades. You just might end up adding a new trading tool to your toolbox! With this backdrop in place, let's run through some of...
Want to be a better trader? Then learn from real-life examples. Use winning trades as templates for future trades, and pay particular attention to how technical indicators you may not be familiar with unfurl with these trades. You just might end up adding a new trading tool to your toolbox! With this backdrop in place, let's run through some of...
Another week, another win. The S&P 500 inched 0.7% higher from the prior Friday's close last week, marking the third weekly gain in the past four weeks, and the sixth in the past eight. Yet, the index is only up 2.6% for the past six weeks. The tepid advance ultimately reflects the fact that the S&P 500 — and the...
Another week, another win. The S&P 500 inched 0.7% higher from the prior Friday's close last week, marking the third weekly gain in the past four weeks, and the sixth in the past eight. Yet, the index is only up 2.6% for the past six weeks. The tepid advance ultimately reflects the fact that the S&P 500 — and the...
— Oil prices could dip if the commodity continues to struggle with resistance and fails to hold last month's low. Here's the chart. — By Bret Kenwell, TheStreet.com Oil prices have been volatile over the past 16 months or so. Remember when oil futures went into negative territory, way back in April 2020? The world truly looked as if it...
By Stephanie Landsman, CNBC Stocks may be at all-time highs, but Ally Invest's Lindsey Bell is anticipating market turbulence. According to the firm's chief investment strategist, surging Covid-19 cases and uncertainty surrounding when the Federal Reserve will meaningfully step away from its easy money policy could propel stocks into a near-term pullback. To help mitigate potential losses, Bell is encouraging...
— AMC Entertainment is giving up almost all of its post-earnings gains. Is it a buy or sell here? The chart has a pretty clear roadmap. — By Bret Kenwell, TheStreet.com Despite all the volatility that AMC Entertainment (AMC) has been known for, shares were up just 1.5% on Tuesday after reporting earnings. However, at one point the stock was...
It wasn't pretty, easy, or impressive, but stocks logged yet-another move into record high territory last week. All told, the S&P 500 tacked on gains of just under 1% over the course of the prior five trading days to close at 4436.52 on Friday. A great jobs report for July helped things end on a high note. Will it continue?...
It wasn't pretty, easy, or impressive, but stocks logged yet-another move into record high territory last week. All told, the S&P 500 tacked on gains of just under 1% over the course of the prior five trading days to close at 4436.52 on Friday. A great jobs report for July helped things end on a high note. Will it continue?...
— DraftKings stock is rallying on Friday but struggling for momentum against key resistance. Here's the setup to know now. — By Bret Kenwell, TheStreet.com DraftKings (DKNG) shares have struggled to maintain momentum on Friday but were rising about 2% on the day after reporting earnings. Shares initially opened higher by 4.5% and climbed as high as 6.5% in early...
