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Market Rally Has Bullish Session; LI, ORCL, MELI In Focus

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 st…

2 years, 9 months ago

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Market Shows Gains But Not Convincing Yet; WHD, HUBB, OLLI In Focus

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 uptr…

2 years, 9 months ago

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Market Direction Unclear; NVDA, CAT, MMC In Focus

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 gia…

2 years, 9 months ago

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Stock Indexes Reverse Lower After Strong Start; UBER, SLB, WFRD In Focus

The 10-year Treasury yield and the U.S. dollar rallied ahead of Fed Chairman Jerome Powell’s speech in Jackson Hole Friday morning. Breadth was negat…

2 years, 9 months ago

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Nasdaq Jumps As Bond Yields Fall; TDW, OII, INTU Show Strength

Investors finally bought bonds, sending the 10-year Treasury yield lower by 14 bps to around 4.19%. Winners beat losers on the Nasdaq by just over 2 …

2 years, 9 months ago

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Stocks Erase Gains As Nvidia Looms; AVGO, NOW, BKR In Focus

The major indexes gave up Tuesday morning gains while market breadth remained weak. It’s still a rally attempt within a correction, with all eyes tur…

2 years, 9 months ago

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Stocks Continue Friday Bounce But Waiting Still Wise; ADBE, ADP, ANET In Focus

Stocks looked like they were getting a nice follow-up to Friday’s bounce. But a lack of volume and breadth shows not all is right with the market yet…

2 years, 9 months ago

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Stocks Bounce Off Friday Lows, But Market In Correction; DO, BA, GOOGL In Focus

The major indexes closed well off Friday lows, but the market is in a correction. Diamond Offshore flashed an early entry as energy plays hold up wel…

2 years, 9 months ago

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Sellers Dictate Action As Leaders Show More Cracks; MTH, META, LI In Focus

The Nasdaq composite gave back early gains and closed near its session low for the third straight session. But the index avoided its fourth distribut…

2 years, 9 months ago

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Sellers Knock Nasdaq Lower Again; XP, ATI, Chart Industries Hold Up

The Nasdaq fell below Monday’s low in higher volume, marking the 5th distribution day in 11 trading sessions. Losers beat winners on both exchanges b…

2 years, 10 months ago

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