This might have been a short week in the markets, but it certainly wasn’t lacking excitement. On Wednesday the investing community apparently started to feel that the curve may be flattening on the spread of the novel coronavirus. Today’s big stock charts show some of that optimism. Source: Shutterstock The proof of this upbeat sentiment
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After an ugly reversal on Tuesday, equities posted a solid bounce on Wednesday. With that in mind, let’s look at a few top stock trades as a result. Top Stock Trades for Tomorrow No. 1: Pinterest (PINS) Pinterest (NYSE:PINS) stock surged higher on Wednesday, up more than 10% at one point, after the company reported
The headlines make the world go around, at least when it comes to stock trading. The news wasn’t so great in March but it might be getting better in April, and stock prices seem to be reflecting this. Today’s big stock charts showcase names that got some of that good news. Source: Shutterstock Encouraging news
Stocks tried to extend gains from Monday today, with the S&P 500 at one point coming close to meeting the technical definition on hopes that coronavirus case numbers are flattening out in New York, one of the epicenters of the respiratory illness in the U.S. However, late session selling led to modest losses. Source: Provided
Most investors would agree that the issues caused by the novel coronavirus haven’t been completely resolved yet. Still, it was nothing but upside to start the week on Monday as investors saw a light at the end of the tunnel. And Tuesday’s big stock charts show some of that illumination. Source: Shutterstock This could be
U.S. equities underwent a massive rally on Monday, with the S&P 500, rallying almost 8% at one point. That said, here’s a look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: Intel (INTC) So many investors seem focused on Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), that it feels like
Friday wrapped up another volatile week in the markets. The CBOE S&P 500 Volatility Index remained in the high $40-range, suggesting continued trepidation among the trading community. Source: Shutterstock When the price action is wild, investors may look to trend lines for support levels from our big stock charts. These lines can serve as guideposts
Despite record jobless claims north of 6.6 million, the stock market held up on Thursday. Let’s look at a few top stock trades, which had more volatility than the market would have made you think. Top Stock Trades for Friday No. 1: Facebook (FB) Like many other stocks, as well as the overall market, Facebook
It was a very interesting session in the stock market today. That’s as the SPDR S&P 500 ETF (NYSEARCA:SPY) spent most of the day in positive territory and ended higher by 2.4%. That’s despite a record-setting initial jobless claims report. The U.S. reported 6.65 million jobless claims, roughly double what economists were expecting. That’s also
The stock market held up surprisingly well on Friday, if you can say that with the S&P 500 down almost 27% from its all-time highs earlier this year. We saw selling pressure eventually pick up in the stock market today, following a disappointing jobs report for March. The fact that the market only slipped lower,
A record jobless claims report on Thursday was followed up with a dismal jobs report on Friday. That said, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Advanced Micro Devices (AMD) Advanced Micro Devices (NASDAQ:AMD) was trading great on the long side when the market
Equities slumped to finish the week as the Labor Department’s March jobs report was far worse than expected, prompting speculation that next few monthly employment updates will be as bad or even worse because of the coronavirus pandemic. Source: Provided by Finviz The S&P 500 sagged 1.51% The Dow Jones Industrial Average dropped 1.69% The Nasdaq
Most big stock charts from the S&P 500 looked great on Thursday — nice and green. There are always exceptions, however. A rising tide doesn’t necessarily lift all boats, it seems. Source: Shutterstock On the other hand, one trader’s trash is another trader’s treasure. The willingness to buy at low prices is what made Warren
Stocks rallied early Thursday morning, only to give back much of those gains late in the session as market participants digested unsurprisingly poor, but still staggering, weekly jobless claims reports. Source: Provided by Finviz The S&P 500 jumped 2.27% The Dow Jones Industrial Average gained 2.23% The Nasdaq Composite fell 1.72% Earlier today, oil futures traded
After the worst first quarter in the history of the Dow Jones Industrial Average, long-side traders hoped that April Fool’s Day would provide some relief. Boy, were they disappointed. Source: Shutterstock Perhaps the market slid on Wednesday because the White House predicted a “very, very painful two weeks.” In any case, the coronavirus from China
Stocks started the second quarter off on the wrong foot, tumbling lower on the day. That said, here’s a look at a few top stock trades now. Top Stock Trades for Tomorrow No. 1: Microsoft (MSFT) Microsoft (NASDAQ:MSFT), the largest holding in the SPDR S&P 500 ETF (NYSEARCA:SPY), is starting to roll over. Shares failed
All winning streaks must come to an end, and the stock market finally pulled back somewhat on Tuesday. It’s fair to conclude that the selling pressure caused by the novel coronavirus from China may persist for a while longer. Source: Shutterstock Yet, it’s not fair to say that all stocks move together in lockstep. There
The stock market is searching for direction after a robust multi-session rebound. That said, here are a few top stock trades to watch for Wednesday. Top Stock Trades for Tomorrow No. 1: Nvidia (NVDA) Nvidia (NASDAQ:NVDA) continues to trade very well, up more than 50% from the recent lows to Tuesday’s high. However, many are
Big daily moves are still the trend in big stock charts, it seems. The coronavirus from China remained in focus on Monday but with a strong sense of optimism. Major market indexes pushed higher. Source: Shutterstock Perhaps the trading community felt hopeful that the U.S. government would be successful in extending its efforts to contain
Stocks cautiously climbed higher on Monday, as investors continue to test the validity of the current rebound. That said, let’s look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: Zoom Video (ZM) Zoom Video (NYSE:ZM) tried pushing to new 52-week highs on Monday, but was unable to do so. It