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Social giant sneaks to new high

Social giant sneaks to new high

Something important happened last Thursday, and few people seemed to notice. Facebook (FB) hit a new 52-week high above its February peak of $195.32. The social media giant sat quietly above that level on Friday and is now proceeding to new highs this week. Sentiment...

Fun and games on the rise: Midweek sector check

Fun and games on the rise: Midweek sector check

The S&P 500 is up fractionally on the week as investors target some newer areas of the market. Here's a breakdown of the best- and worst- performing industry groups at the half-way point: Winners: Media is the biggest gainer, led by 10 percent surges in...

Another cloud IPO screams higher

Another cloud IPO screams higher

Last week Zscaler (ZS) ripped to a new high on strong earnings. Today, it's Pivotal Software's (PVTL) turn. PVTL rose about 25 percent in morning trading to a new high after subscription revenue shot up 69 percent. Profit beat. Revenue beat. Guidance wowed. Never...

Big techs battle over privacy: WWDC review

Big techs battle over privacy: WWDC review

Maybe we should have guessed it. After all, Tim Cook spent most of the last month bashing Facebook (FB) for collecting user data. Now it turns out there's some bark to his bite. Apple (AAPL) is in the midst of its annual WWDC conference, begun with Cook's keynote...

How long can this range hold?

How long can this range hold?

Stocks just finished their best month since January. Now the question is, how long can they stay trapped in this range?

AR, AI on stage at Apple event this week

AR, AI on stage at Apple event this week

Never mind the iPhones. Augmented reality (AR) and artificial intelligence (AI) will be the big themes at Apple's (AAPL) Worldwide Developers Conference this week. After all, that's where other tech giants like Amazon.com (AMZN), Alphabet (GOOGL) and Facebook (FB) are...

FANG Fave in Triangle Breakout?

FANG Fave in Triangle Breakout?

Netflix, one of the most active names on TradeStation, is pushing above its previous all-time high in March.

Stocks Have Biggest Drop in Two Years as Rates Rise

Stocks Have Biggest Drop in Two Years as Rates Rise

Stocks just took their deepest dive in two years as higher interest rates caused investors to take profits. The S&P 500 cratered 3.85 percent between Friday, January 26, and Friday, February 2 -- its biggest weekly decline since early 2016. The selloff contrasted...

Morning Notes Jan. 29, 2018

Morning Notes Jan. 29, 2018

Personal Income and Outlays Report was issued this morning. This report breaks out December's consumer numbers, including inflation data, from last week's fourth-quarter GDP report. Personal income rose 0.4 percent in December with wages and salaries up 0.5 percent....