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Stocks have barely moved this week. You almost wouldn't guess how much drama is swirling beneath the surface. Major stocks like Facebook (FB), Amazon.com (AMZN) and Apple (AAPL) have drifted sideways or lower. Meanwhile former laggards in the energy, financial and...
Airbnb and DoorDash are breaking out as investors shrug at old tech names like Facebook. ABNB rose 5.7 percent yesterday and DASH rose 3.1 percent. Both pulled back from their peaks but still had their highest closing prices ever. There weren't any clear catalysts for...
Intel just had a massive rally on some potentially huge news: Pat Gelsinger is the new CEO. Gelsinger was the chipmaker's chief technology officer until 2012. During that time, he was instrumental in key initiatives like the Xeon chip. The market hopes he can fix one...
Tesla led stocks into new record territory last week as investors focus on the potential positives coming in 2021. The S&P 500 rose 1.8 percent between Thursday, December 31, and Friday, January 8. It was the biggest weekly gain since late November. planting the...
Cryptocurrencies passed the trillion-dollar mark for the first time yesterday, thanks to Bitcoin's blistering run. Coinmarketcap.com showed the crypto market's total valuation climbing into 13 digits at about at 5:25 p.m. ET. That's up about 31 percent since the end...
Energy stocks are rallying. Factories are reopening. Interest rates are rising. All of a sudden, economic data and the stock market are pointing to a broad recovery from the coronavirus pandemic. Yesterday the Institute for Supply Management's manufacturing index...
Homebuilders were one of the strongest industries early in the pandemic as city dwellers headed to the suburbs. While the social trend has continued, bullishness has faded in the stocks. Click here to view the related idea and chart analysis on TradingView.
The U.S. dollar has been sliding for months, potentially creating a different kind of market in 2021. Currency moves often change the way investors think about stocks. Company fundamentals can lose importance in favor of economics and interest rates. Commodity prices...
Stocks begin 2021 on a strong note as investors look for the global recovery to accelerate and prepare for a busy month of news and events. The S&P 500 rose 1.4 percent in the holiday-shortened week between Thursday, December 24, and Thursday, December 31. The...