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Stocks continued their winning streak last week as the market sees a potential return to normal following years of turmoil. The S&P 500 rose 1 percent in the Thanksgiving-shortened period between Friday, November 17, and Friday, November 24. It was the fourth...
Retail earnings are off to a bearish start as unsold merchandise piles up and shopping centers go quiet. Macy's (M) started things on a bearish foot yesterday. Not only did profit, revenue and guidance miss estimates. The tone of its release was also dismal: "Rising...
Investors stayed bullish on big technology stocks in the last week, even when their results missed estimates. Cisco Systems (CSCO), Take-Two Interactive Software (TTWO) and Booking (BKNG), and JD.com (JD) all rallied after reporting quarterly numbers. Some beat...
Market Insights has covered the split between the new winners and losers in technology. Something similar seems to be underway in the health-care sector. Drug makers whose products offer the promise of growth have led. These includes biotechnology stocks, which keep...