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The stock market has yet to recover from the coronavirus pandemic, but a new generation of technology stocks has already broken out. Software companies like Twilio (TWLO), Okta (OKTA) and Datadog (DDOG) hit new record highs last month. Service providers like Zoom...
Stocks are back above a key level, but will they stay there? The S&P 500 rose 3 percent in the holiday-shortened week between May 22 and May 29. The index also finished its second straight positive month and closed above the psychologically important 3,000 level....
The Nasdaq-100 rallied in May, and TradeStation clients played the move with several stocks and exchange-traded funds. Seven of the 10 most popular symbols on our platforms this month traded on the Nasdaq Stock Exchange or tracked its index. Some were new to the list....
Stocks took off last week as investors look for the coronavirus crisis to fade. The S&P 500 rose 3.2 percent between Friday, May 15, and Friday May 22. The index is back to its highest levels since early March and its second straight positive month. Transports had...
Covid-19 continues to wreak havoc on the world economy. Here in the US, some are cautious but optimistic about the future. This week American retailers will be put to the test as earnings for Walmart, Advanced Auto Parts, Kohl's, Home Depot, Target, L Brands, and...
Stocks fell last week but held a key level. Attention will now focus on the economy reopening for Memorial Day. The S&P 500 initially tried to rally, only to fall on bearish comments from Dr. Anthony Fauci and Federal Reserve Chair Jerome Powell. At one point it...
Technology stocks continue to lead a small group of companies doing well amid the coronavirus lockdown. Cisco Systems (CSCO), Square (SQ), Logitech (LOGI) and Datadog (DDOG) all reported strong quarterly results over the last week. Several are direct beneficiaries of...
Stocks rallied last week on signs of the coronavirus crisis winding down. The S&P 500 began on a weak footing but held a key level from last summer. The index then turned higher and ended up 3.5 percent, its first positive week in the last three. More than...
Coronavirus was a big theme in quarterly results over the last week, but it wasn't all bad. Companies like Shopify (SHOP), Activision Blizzard (ATVI) and Peloton Interactive (PTON) ripped higher as social distancing drove growth in their online businesses. Match...