The Nasdaq rose strongly last week, reclaiming all the moving averages. But the other indexes are below those key levels amid the ongoing bank crisis. Chip stocks remain strong, with Aehr Test System…
Published on 2 years, 9 months ago
Stock indexes reversed sharply higher after the Wall Street Journal reported that JPMorgan and other big banks were in talks with First Republic Bank about a capital infusion. The dollar amount of $3…
Published on 2 years, 9 months ago
Stock indexes fell but closed off lows Wednesday as investors flocked to bonds again. Sentiment turned positive in the afternoon after Switzerland said it would provide liquidity to Credit Suisse if …
Published on 2 years, 9 months ago
The major indexes rose Tuesday, but came well off their late morning highs. Bank stocks surged at the open but then came well off early highs. Facebook parent Meta Platforms flashed a buy signal, Boe…
Published on 2 years, 9 months ago
The major indexes started uncertain despite efforts to shore up concern from depositors at failed banks. While waiting for the dust to settle, it’s a good idea to keep watch lists fresh with stocks h…
Published on 2 years, 9 months ago
The major indexes sold off sharply for the week, breaking through multiple support levels, first on Fed rate hike fears and then on banking woes. JPMorgan bounced on Friday, a positive sign, while Pa…
Published on 2 years, 9 months ago
The major indexes applauded jobless claims early but fell below support levels as the day wore on. Financials were the hardest hit and dropped the S&P 500 and Nasdaq composite below key support level…
Published on 2 years, 9 months ago
The major indexes showed indecisive trade a day after selling off on Fed chief Powell’s hawkish testimony Tuesday. The S&P 500 and Russell 2000 are right around their 50-day lines. Chip stocks were s…
Published on 2 years, 9 months ago
The major indexes fell sharply after Fed chief Jerome Powell signaled rates will go higher and faster than previously expected. The Nasdaq composite fell below its 21-day moving average while the S&P…
Published on 2 years, 9 months ago
The major indexes started strong but finished weak ahead of two-day testimony by Fed chair Powell. The S&P 500 and Nasdaq composite remain above their 21-day moving average lines but the Dow Jones In…
Published on 2 years, 9 months ago
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