Santa Claus came to Wall Street this year, but he didn't show up with a sack full of presents… it was only half full. The S&P 500 logged a lackluster 1.8% recovery from Monday's low following a lousy opening to the week, but that still left the index down just a hair for the holiday-shortened week. Mostly, traders were disinterested....
Santa Claus came to Wall Street this year, but he didn't show up with a sack full of presents… it was only half full. The S&P 500 logged a lackluster 1.8% recovery from Monday's low following a lousy opening to the week, but that still left the index down just a hair for the holiday-shortened week. Mostly, traders were disinterested....
By Keris Lahiff, CNBC Last week, trader Todd Gordon added to his position in hot semiconductor stock Nvidia. This week, he's looking to unload two of his top performers that he said have run their course. "Two stocks that you might find surprising are going to be kicked out [of my portfolio]," Gordon, founder of TradingAnalysis.com, told CNBC's "Trading Nation"...
Stocks logged a slight gain last week, reversing the prior week's similarly-slight loss. But, as was cautioned a week ago, it's clear the market's big gains since March — and even since early November – are weighing things down. It's possible the only thing still pushing stocks upward at this time is the calendar. This is a bullish time of...
Stocks logged a slight gain last week, reversing the prior week's similarly-slight loss. But, as was cautioned a week ago, it's clear the market's big gains since March — and even since early November – are weighing things down. It's possible the only thing still pushing stocks upward at this time is the calendar. This is a bullish time of...
Bitcoin prices have been exploding higher. I would love to see the cryptocurrency catch its breath and make a run toward $30,000. By Bret Kenwell, TheStreet.com Bitcoin remains red hot. While the cryptocurrency was flat on Friday, bulls have to be happy with the way it's holding up. For a volatile asset like bitcoin, the word "flat" isn't often used...
The market may be well up from its March lows, having reached record highs this past week. But, it's not been an evenly-distributed recovery…not by a long shot. The graphic below tells the tale, comparing the performances of all the major market stratifications. Large caps, as proxied by the S&P 500 index, is up 67% from March's bottom, but large...
The market may be well up from its March lows, having reached record highs this past week. But, it's not been an evenly-distributed recovery…not by a long shot. The graphic below tells the tale, comparing the performances of all the major market stratifications. Large caps, as proxied by the S&P 500 index, is up 67% from March's bottom, but large...
— Twitter is hitting new 2020 highs as J.P. Morgan analysts name it a top pick. Let's look at where the stock can go from here. — By Bret Kenwell, TheStreet.com Twitter (TWTR) shares were running higher on Wednesday, up 3% and hitting new 2020 highs. Not only were shares making fresh year-to-date highs, the stock is now climbing to...
By Keris Lahiff, CNBC The Nasdaq 100 is about to look a little different. In its annual rebalancing scheduled for the end of the week, the index will trade Monday with new components Match, American Electric Power and Peloton among others and removes stocks such as Ulta, Citrix and Take-Two. Ahead of the shake-up, Mark Tepper, president of Strategic Wealth...
