A Friday bounce fizzled as the S&P 500 and Nasdaq hit resistance near their 50-day moving averages, capping a rough week. It wouldn’t take much for the market rally to take a bullish or bearish turn.…
Published on 2 years, 3 months ago
The S&P 500 and Nasdaq saw more serious breaches of their 50-day moving averages, but they’re still holding above the Aug. 29 low of the follow-through day. Amazon.com is showing leadership among the…
Published on 2 years, 3 months ago
The S&P 500 and Nasdaq undercut their 50-day moving averages, at least intraday, following stronger-than-expected economic data. A close below the low of the Aug. 29 follow-through day would be beari…
Published on 2 years, 3 months ago
The major indexes were narrowly mixed once again, holding up despite another big rise in Treasury yields. But market breadth was weak, with housing stocks such as Toll Brothers falling solidly. Oracl…
Published on 2 years, 3 months ago
The major indexes were mixed again on Friday, pausing to end a strong week of gains. It’s a confirmed market rally, so investors should be taking part, but not losing their heads. Baker Hughes flashe…
Published on 2 years, 4 months ago
The major indexes had a mixed session Thursday, though growth stocks generally advanced. More stocks flashed buy signals, such as Amazon. Meta Platforms and General Electric are setting up. All eyes …
Published on 2 years, 4 months ago
The major indexes piled more gains on top of Tuesday's bullish signal. Credit card giant Visa broke out of a flat base but gave up initial gains. Oil driller Valaris offered an early entry as it brok…
Published on 2 years, 4 months ago
The major indexes rallied above their 50-day moving averages in higher volume as Treasury yields and Fed rate-hike odds fell on weak jobs data. EV startup Li Auto blasted above its 21-day line, helpe…
Published on 2 years, 4 months ago
Stocks burst higher at the open but quickly went back and forth the rest of the day. It’s not a market that’s proving itself ready to resume its uptrend yet. Outside of tech, some names setting up in…
Published on 2 years, 4 months ago
Despite Thursday’s ugly reversals, the Nasdaq and S&P 500 had solid weekly gains. Nvidia remains key to the market’s health. Outside of tech, Dow giant Caterpillar is holding up well while insurance …
Published on 2 years, 4 months ago
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