Thursday, September 19, 2024

Don’t Forget About Mexico

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Everyone's focused on China, but don't forget about Mexico. That was a message on this week's Market Action webinar, and so far it's been playing...
Bull in ring

More Techs Coming to Life

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Tech stocks keep jumping as stocks nudge higher. Yesterday, we covered how names like Apple (AAPL) and Cisco Systems (CSCO) were sneaking to new highs....

Is Biotech Quietly Breaking Out?

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Biotechnology stocks are trying to break out as investors await potential catalysts after Labor Day. The iShares Nasdaq Biotech ETF (IBB) has closed at new...

Two Tech Giants Moving in Very Different Directions

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Two tech giants are moving in two very different directions as we enter the home stretch for the third quarter. Apple (AAPL) has appreciated 22...

Another Week, Another Gain for Stocks

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The U.S. bull market's winning run continued last week as the S&P 500 broke out to new highs. The index rose 0.9 percent between Friday,...

IPOs Have Their Best August in Five Years

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Initial public offerings (IPOs) kept flowing last month, despite the normal summer doldrums. Some $1.5 billion of new stock came to market last month, according...

Finally a Pullback, Thanks to Tech

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Traders finally got a pullback last week, thanks to a mini-crash in technology. The S&P 500 slid 1 percent in the holiday-shortened period between Friday,...

Check Out This Stunning Divergence in Tech

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Software versus semiconductors. It's a major split running down the middle of the technology sector. The chart below compares the performance between the iShares North...

Why Yesterday Might Have Been a Big Day

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Something interesting happened yesterday: a bullish engulfing candle on the S&P 500. That means the index opened below the previous session's low and closed above...

Can This Tech Giant Hold Support?

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Big Tech has seen its share of volatility in the last week. Now as the waves of panic recede, a value opportunity may have...
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