Equities tried to push higher on Wednesday, with bulls hoping to erase the late-session selloff on Tuesday. However, it was a tricky session in the stock market today. The S&P 500 ended down 0.7%. The index first opened higher on the day, reversed and took out Tuesday’s low. It closed near session lows. The back
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The weekly jobless claims report showed that another 3.2 million Americans filed for unemployment this week. Despite that figure, bulls saw another rally in the stock market today. At one point, the S&P 500 rallied almost 2% on the day, before backing off the highs. That’s likely as investors reduce exposure ahead of the monthly
Despite another disappointing jobless claims report, stocks found a way to rally on Thursday. That said, here’s a look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Square (SQ) At first, Square (NYSE:SQ) dipped on earnings. However, bulls have reversed their fortunes, with shares ending the day on
Stocks rallied to finish the week, vaulting despite an April jobs report that felt ripped straight from the Great Depression. Source: Provided by Finviz The S&P 500 advanced 1.69%. The Dow Jones Industrial Average rose 1.91% The Nasdaq Composite tacked on 1.58% Broadly speaking, cyclical names were in style as Dow Chemical (NYSE:DOW) was the leader
Despite more than 20 million job losses in April, equities continued to power higher on Friday. Let’s look at a few top stock trades for next week. Top Stock Trades for Tomorrow #1: Invesco QQQ ETF The Invesco QQQ ETF (NASDAQ:QQQ) hit its highest level since February. The exchange-traded fund has been resilient, rallying more
Earnings reports are a cornerstone of fundamentals-based research for stock market investors and traders. This is true across all economic sectors, and today we’ll apply this concept to companies in the pharmaceutical industry and their big stock charts. Source: Shutterstock Don’t get the wrong idea. One good earnings report doesn’t mean that a company’s stock
Thursday was another example of inexplicable price action, with stocks rallying even as the weekly jobless claims number spiked, setting the stage for what’s going to be an unsurprisingly dismal April jobs report before the open Friday morning. Source: Provided by Finviz The S&P 500 rose 1.15%. The Dow Jones Industrial Average added 0.89% The Nasdaq
Cybersecurity is among the most important sectors of the economy today. It’s an unfortunate fact of life that as long as there are computer networks, there will be miscreants who want to break into them. Today’s big stock charts features names in this all-important space. Source: Shutterstock Necessity creates opportunity, and a number of companies
It’s a busy earnings seasons for high-growth stocks and that continues after the close. That said, let’s look at a few top stock trades as a result. Top Stock Trades for Tomorrow No. 1: PayPal (PYPL) PayPal (NASDAQ:PYPL) earnings are due up after the close, and man, this one has been strong. Shares have climbed
Among the news headlines on Tuesday was a 16% jump in the West Texas Intermediate per-barrel oil price. This development seemed to provide an emotional boost to the entire stock market, as we’ll see in today’s big stock charts. Source: Shutterstock It was the fifth consecutive day of positive oil price moves. What’s behind the
Bulls keep bidding up stocks, as investors look to ride more gains in the face of the novel coronavirus. With that in mind, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Activision Blizzard (ATVI) Activision Blizzard (NASDAQ:ATVI) is set to report earnings on Tuesday after the
Few investors have the power to move market sectors like Warren Buffett. The famed Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) CEO relinquished his entire holdings of several airline stocks recently. The next thing you know, those stocks started declining. And we’re looking at some of their big stock charts today. Source: Shutterstock Buffett’s a soft-spoken and folksy investing
After a rocky start, many equities bounced off the morning lows on Monday. With that in mind, let’s look at a few top stock trades for Tuesday. Top Stock Trades for Tomorrow No. 1: American Airlines (AAL) American Airlines (NASDAQ:AAL) and its peers came under heavy pressure on Monday. That’s as Warren Buffett says he
Some days are hot, some days are not. That’s the ebb and flow of trading in the stock market, and the charts can help us to navigate both the good days and the not-so-good ones. Source: Shutterstock As the trading week ended on Friday with downward pressure on many stocks, it might have felt like
Despite the robust after-hours reaction on Wednesday, bulls had a frustrating session in the stock market today. Microsoft (NASDAQ:MSFT), Qualcomm (NASDAQ:QCOM), Facebook (NASDAQ:FB) and Tesla (NASDAQ:TSLA) all traded higher in Wednesday’s after-hours session. While some reactions were only mildly higher — like MSFT and QCOM — others were higher by 8% to 10%. That gave
Saddled by another round of bleak economic data delivered on a Thursday and tepid earnings reports, stocks faltered in the final trading day of April, though the major equity benchmarks posted strong monthly performances. Source: Provided by Finviz The S&P 500 declined 0.92%. The Dow Jones Industrial Average slid 1.17% The Nasdaq Composite retreated 0.28% After
It was a rough day for bulls in the stock market today. Equities took in on the chin, with the S&P 500 and Nasdaq Composite both falling more than 3% at one point. After reporting earnings, Amazon’s (NASDAQ:AMZN) stumble and Apple’s (NASDAQ:AAPL) relatively flat response didn’t help matters. Remember, these are two of the three
Friday had plenty of big movers for us to pick from. That said, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Apple (AAPL) Shares of Apple (NASDAQ:AAPL) are struggling to rally on Friday, despite beating on earnings. Keep in mind, the overall market was under
Stocks slumped again on Friday amid a batch of disappointing earnings reports from some of the largest companies in the S&P 500, potentially giving credibility to the old Wall Street maxim of “sell in May and go away.” Source: Provided by Finviz The S&P 500 declined 2.79%. The Dow Jones Industrial Average lost 2.53% The Nasdaq
Going shopping at your favorite retail outlets can be enjoyable, though it’s usually not profitable. Shopping for bargains in the retail niche can be highly lucrative, however, if done correctly. Source: Shutterstock Due to the spread of the novel coronavirus, the brick-and-mortar retail sector has struggled lately. Stay-at-home mandates have presented persistent fiscal issues for