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Stocks kept rising last week as the economy continues to defy naysayers. The S&P 500 inched up 0.5 percent between Friday, June 7, and Friday, June 14. It followed the biggest weekly gain of the year as the index consolidated in a tight range above an important...
Explore the positives and negatives facing stocks as the S&P 500 consolidates at levels from April. Can a dovish Federal Reserve offset weakness in big companies like Apple and Facebook?
This post is a translation of the weekly cryptocurrency analysis by Crypto Lab, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) inched higher early in the week before accelerating to over...
The last week of earnings saw big rallies by old-fashioned retailers. Software companies also beat estimates, but failed to advance. Foot Locker (FL) led the charge by crushing consensus on its top and bottom lines. Same-store sales, a key metric showing the...
Santa Claus was naughty and nice for investors last week, delivering one of the craziest Christmas weeks ever. It started with the S&P 500 plunging to its lowest level in 16 months. The index then reversed to enjoy its biggest one-day rally in almost 10 years....
Stocks Just had their best week in seven years as the Federal Reserve turned dovish. The S&P 500 surged 4.9 percent between Friday, November 23, and Friday, November 30 -- its biggest weekly gain since December 2011. More than nine-tenths of its members advanced,...
A cloud-computing giant was highlighted on Market Action this week. It's posed to open higher today after a blowout quarter. Salesforce.com (CRM) reported earnings of $0.61 a share in the third quarter. With the Street expecting earnings of $0.50 per share, up from...
A good earnings season ended on a weak note, thanks to dinosaur consumer stocks. Traditional retailers and food stocks are down sharply as changes in the ecosystem continue to weigh on sentiment. Some beat estimates, others missed. Either way, investors looked for...
Several high-profile technology stocks seem to be forming a classic bullish pattern.