After big gap-up, stocks flushed lower in Wednesday’s session. However, the S&P 500 recovered those losses and climbed to new session highs. With that in mind, let’s look at a few top stock trades amid that action. Top Stock Trades for Tomorrow No. 1: Twitter (TWTR) Twitter (NYSE:TWTR) stock rallied strong on Tuesday, but ran
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As investors start to focus on the reopening of the country, they are turning to the beaten down stocks of 2020. We’re seeing some profit-taking in the strong sectors and stocks, and big rallies in the laggards. So for our top stock trades, let’s take a closer look at the latter. Top Stock Trades for
It was a relatively quiet session in the stock market today. Volatility did pick up a bit near the close on Tuesday, with the S&P 500 ending lower by 1.05%. That’s after Monday’s robust rally as bulls continue to push the current rally higher. The move was sparked by somewhat reassuring comments from Federal Reserve
Let’s offer a quick recap. On Monday we have an explosive gain in stocks, with the S&P 500 ripping more than 3% and the Russell 2000 climbing more than 6%. On Tuesday, we had a mostly mellow day, until a late-session selloff sent equities lower. In the stock market today, we had another powerful move
It was a choppy day in the stock market today, with the S&P 500 shedding 0.78%. Investors are still trying to weigh the constantly changing headwinds, which is quite difficult under the circumstances. U.S. states and many countries are taking steps to gradually — or quickly, depending on the location — reopen their economies. That’s
It was a choppy week in the stock market, before investors headed home for a long three-day weekend. Let’s use that extra day to look at some top stock trades for next week. Top Stock Trades for Tomorrow No. 1: Alibaba (BABA) Alibaba (NYSE:BABA) stock is falling about 6% despite reporting strong earnings and revenue
Stocks stumbled Thursday as the weekly batch of jobless claims data arrived. Suffice to say, the numbers pertaining to last week were terrible, showing 2.44 million American workers filing for initial unemployment benefits. Source: Provided by Finviz The S&P 500 lost 0.78%. The Dow Jones Industrial Average dropped 0.41% The Nasdaq Composite fell 0.97% Recently resurgent
It’s been a choppy kind of week, but so far, bulls are maintaining altitude. With that said, let’s look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Nvidia (NVDA) Nvidia (NASDAQ:NVDA) has been red-hot since hitting its March low near $180. At this week’s high, shares were up
After a steep selloff on Tuesday, equities rebounded with aggression on Wednesday. With that in mind, let’s look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: Lowe’s (LOW) Lowe’s (NYSE:LOW) initially opened higher on the day and looked like it was headed back to its highs on better-than-expected earnings. However,
Major equity benchmarks rallied anew on Wednesday amid signs there’s pent up demand in various cyclical sectors of the economy and that reopening headlines remain a significant catalyst for riskier assets. Source: Provided by Finviz The S&P 500 jumped 1.67%. The Dow Jones Industrial Average added 1.52% The Nasdaq Composite gained 2.08% Amid signs that previously
After a big day for the bulls on Monday, it was a pretty quiet day in the stock market on Tuesday. With that in mind, let’s look at a few top stock trades as we head into mid-week. Top Stock Trades for Tomorrow No. 1: Facebook (FB) Digital ads are dead? Not according to Facebook
Stocks swung between gains and losses Tuesday as Federal Reserve Chairman Jerome Powell testified before the Senate Finance Committee, reiterating that the central bank stands ready to support the world’s largest economy if needed. Source: Provided by Finviz The S&P 500 lost 1.05%. The Dow Jones Industrial Average dropped 1.59% The Nasdaq Composite slipped 0.54% We
Equities surged at the open and trended higher for most of the day. Let’s look at a few top stock trades after the powerful move. Top Stock Trades for Tomorrow No. 1: Microsoft As one of the largest companies in the stock market, Microsoft (NASDAQ:MSFT) is an important bellwether name to keep an eye on.
Stocks soared to start the week after Moderna (NASDAQ:MRNA) said its vaccine to treat the novel coronavirus showed promise in boosting the immune system to ward off the deadly respiratory illness. Source: Provided by Finviz The S&P 500 soared 3.15%. The Dow Jones Industrial Average added 3.85% The Nasdaq Composite climbed 2.44% Underscoring just how strong
It was an ugly session for the bulls in the stock market today. The S&P 500 shed 1.75%, after falling 2% on Tuesday thanks to a late-session decline. After a bottom-to-top rally of roughly 35%, investors have to be open-minded about a pullback. In fact, under the right circumstances, a pullback can even be healthy.
Equities began with a plunge in the stock market today. However, buyers stepped in on Thursday, bidding up the losses and pushing stocks higher on the day. The S&P 500 ended higher by 1.15% as a result. The initial move lower was not helped by the latest report from the labor market. The weekly jobless
The S&P 500 gapped down on Friday, as trade tensions flared between the U.S. and China. However, it wasn’t a disastrous session in the stock market today. The index bottomed in the first 15 minutes of trading and climbed slowly in the afternoon. Ultimately, the S&P 500 ended higher by 0.39% on the day, although
After starting off lower on the day, equities made a nice push into the green on Friday. With that in mind, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: General Electric (GE) General Electric (NYSE:GE) looks bad, doesn’t it? I mean, this says all you
Stocks rallied to close the week, again showing resilience in the face of troubling economic data. An extension of the oil rebound and more positive reopening also provided some ballast to equities. Source: Provided by Finviz The S&P 500 climbed 0.39%. The Dow Jones Industrial Average advanced 0.25% The Nasdaq Composite gained 0.79% After being one
It’s Thursday again, which means another round of increasingly bleak initial jobless claims, but that wasn’t enough to send the broader equity benchmarks to large losses on the day. Source: Provided by Finviz The S&P 500 rose 1.15%. The Dow Jones Industrial Average added 1.60% The Nasdaq Composite gained 0.91% A day after being the Dow’s