By Stephanie Landsman, CNBC Despite stimulus gridlock, election uncertainty and the coronavirus' path, the firm's chief investment strategist believes it's possible the S&P 500 will follow the positive historical trend. "There's a lot to worry about," she told CNBC's "Trading Nation" on Friday. "But I am cautiously optimistic." According to Bell, the S&P 500 typically sees an average gain of 3.9% in the fourth quarter - making it the best three months of the year. "We can still have a good fourth quarter once we get past some of these uncertainties that are in the marketplace," she said. "So, while we may not get 3.9%, I'm going to try to remain cautiously optimistic here." However, with just 12 trading days in the books in the fourth quarter, the S&P 500 is already up 3.6%. Bell points out the bulk of the gains usually come in November and December, not October.… more
– Let's check on the indicators and what's giving me pause. – By Helene Meisler, TheStreet.com/Real Money It seemed we could have been set to get a little bit of fear or panic or both Thursday morning, but in the end, that wasn't the case. What was the case, was that the market has been playing the week out exactly... more
The market may have ended last week with a gain, but it was anything but the ideal kind of progress. Not only did stocks end the week with a whimper, they ended it ultimately facing the wrong direction in the shadow of a major pivot signal… a pivot out of an uptrend and into a downtrend. There's room and reason... more
– Goldman Sachs reports a huge quarter, crushing top- and bottom-line expectations. Still, the stock is having trouble moving higher. – By Bret Kenwell, TheStreet.com Goldman Sachs (GS) has faded from its Wednesday morning highs but remains slightly higher after reporting earnings. The muted response is disappointing, in part because the company smashed expectations in the quarter. Earnings of $9.68... more
– Advanced Micro Devices and Xilinx are on the move Friday as a possible acquisition is in the works. Let's look at the charts. – By Bret Kenwell, TheStreet.com Advanced Micro Devices (AMD) and Xilinx (XLNX) were on the move Friday as a possible acquisition was in the works. Shares of Xilinx were up almost 17% at one point Friday... more
That was impressive. The S&P 500 soared 3.8% last week, logging the biggest weekly gain since August. As far as forward progress goes though, this is the last way you'd like to see in unfurl. Not only are there several gaps left to fill in (with pullbacks), volume on the way up was light, and waned with each day's progress.... more
By Lizzy Gurdus. CNBC The small-cap rally is gaining steam. As of Thursday, the Russell 2000 was up almost 6% week to date versus a nearly 3% gain for the S&P 500. Though small caps are underperforming the S&P year to date, they have begun to outpace the large-cap index in the last month. Fueling the move is "a rotation... more
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