Every trading session tells a different story. The story being told on Wednesday was that the market is quite relieved to see oil starting to bounce back. Source: Shutterstock Traders were also optimistic that the U.S. government would provide much-needed relief for small businesses. These considerations seemed to be more important than corporate earnings reports,
Daily Trade
Social media and airline stocks dominated the market on Wednesday. Let’s look at a few top stock trades as a result. Top Stock Trades for Tomorrow No. 1: Snap (SNAP) Investors have been worried about digital ad revenue, but those fears are quickly alleviating after the earnings report from Snap (NYSE:SNAP). Shares ripped higher by
Stocks stumbled again Tuesday as the ongoing decline in the oil pitch, coupled with fears a new coronavirus stimulus package will prove inadequate in bolstering the economy, served confirmation that a recession is setting in. Source: Provided by Finviz The S&P 500 lost 3.07% The Dow Jones Industrial Average declined 2.67% The Nasdaq Composite gave up
Welcome to InvestorPlace’s General Electric (NYSE:GE) live blog, where you can find up-to-the-second insights in GE news today. [Check back often, as this page will be updated with more GE news and insights each day the market is open.] GE Shutters North Dakota Wind Turbine Plant [Monday, April 20, 2:45 p.m.] Shares of GE stock are
The beginning of this week wasn’t so much about stocks as it was about oil. Today’s three big stock charts feature oil and energy sector names. All eyes were on West Texas Intermediate crude oil as the front-month futures contracts actually went into negative territory on Monday. Source: Shutterstock This has positive and negative potential
With May crude oil futures tumbling into negative territory, energy is the talk of the day on Wall Street. With that in mind, let’s look at a few energy-focused top stock trades. Top Stock Trades for Tomorrow No. 1: Energy Sector ETF (XLE) The Energy Select Sector SPDR ETF (NYSEARCA:XLE) is actually handling the bizarre
After a day of hope and euphoria, the risk-off trade came back into the spotlight on Wednesday. Much of this stemmed from reports of worrisome economic data. Perhaps the big stock charts can provide a glimmer of hope for battered and bruised investors. Source: Shutterstock First of all, U.S. retail sales declined by 8.7% during
It sure felt like a lot had happened in the stock market today. The S&P 500 traded in a tight range on Thursday, but closed higher by 58 basis points after a late-session push. That’s even as Amazon (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX) soared to new 52-week highs. That’s also as more bank earnings rolled in and
After multiple days of outsized price moves, the stock market was indecisive on Thursday. For hours at a time, stocks went nowhere or darted to and fro, causing confusion and frustration. Source: Shutterstock That’s going to happen sometimes and traders need to be ready for noncommittal price action in the markets. Head-fakes and sucker’s rallies
What started off as a bang quickly died out. Equities came into the stock market today on a high note on hopes that Gilead Sciences (NASDAQ:GILD) would crack the code on a novel coronavirus treatment. On Thursday after the close, a report talked up the promising impact Gilead’s remdesivir is having on Covid-19 patients. We
After a strong start to the day, most stocks faded on Friday. With that in mind, let’s look at a few stock trades for Monday. Top Stock Trades for Monday No. 1: Boeing (BA) Boeing (NYSE:BA) caught a spark on Friday, jumping more than 12%. This move seems small, even on the daily chart, given
Editor’s Note: Dow Jones Today will not be publishing on April 17. It will return Monday, April 20. If you needed any more proof that the COVID-19 market environment can and will throw investors a curveball, Thursday wasn’t an awful day for equities despite another batch of weekly jobless claims numbers that were, well, awful.
It was a back and forth session on Thursday, with little progress made in either direction. With that in mind, here’s a look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Morgan Stanley (MS) Like most of the bank stocks, Morgan Stanley (NYSE:MS) is struggling to rally after
One of the big themes emerging due to the novel coronavirus outbreak is the effect of the virus on economic data and how equity markets are reacting to that news. As Wednesday’s market action suggests, poor economic data is likely to be met with ugly stock market response. The S&P 500 dipped 2.20% The Dow
Stocks slipped in the opening minutes of Wednesday trading, but clawed back some of those losses by the close. With that in mind, let’s look at a few top stock trades for Thursday. Top Stock Trades for Tomorrow No. 1: Goldman Sachs (GS) Goldman Sachs (NYSE:GS) is one of the few bank stocks rallying after
It was a robust session for the bulls, with another notable gain in the stock market today. The S&P 500 rose 3%, even as the banks failed to paint an optimistic outlook on the economy. Speaking of economic outlooks, the International Monetary Fund wasn’t very optimistic either. The world will “very likely” experience the worst
The stock market galloped higher on Tuesday, as earnings season gets underway. With that in mind, here’s a look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: Bank of America (BAC) We’re seeing a disappointing pattern play out in the banks, as they fail to garner upside momentum. Bank of
Stocks slipped slightly lower in Monday’s session, after coming off a strong holiday-shortened trading week. With that in mind, let’s look at a few top stock trades for Tuesday. Top Stock Trades for Tuesday No. 1: Netflix (NFLX) Netflix (NASDAQ:NFLX) remains a force to be reckoned with. The stock continues to plow higher as investors
It was a bumpy session in the stock market today. Bulls have taken the S&P 500 up considerably from the March lows, with the index rallying almost 30%. That said, we’re approaching earnings season. Given the incredibly high number of uncertainties currently present, it puts the stock market in a potentially vulnerable position. Johnson &
Equities have been all over the place this week, and that action continued in the stock market today. On Monday, we had one of the best days bulls have ever seen. On Tuesday, big morning gains completely evaporated by the afternoon, giving investors the largest intraday reversal since 2008. For the stock market today, the