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S&P 500's support at 4200 held firm indicating that the bull market remains intact This is supported by the fact that the MACD indicator has registered a bounce off the trend line created from...
A triple whammy for indexes and one where bears took all the plaudits. The Russell 2000 (IWM) experienced an ugly distribution day that drove through the prior spike low. We now have a crash...
Several drugmakers have been thriving on the ongoing weight-loss trend, with Denmark's Novo Nordisk (NYSE:NVO) and Eli Lilly (NYSE:LLY) standing out in particular. With over a billion obese...
Some companies are favored because of multiple upward earnings revisions While some are discarded because of the bleak outlooks Meanwhile, there are some stocks that tend to pique Wall Street's...
Although American shares continue to hold on to a strong rally from the year-ago bottom, reclaiming the previous market peak is nowhere on the near-term horizon.The combination of heightened...
Tech behemoth Microsoft is set to report earnings next week Results from the company's heavy investments in key growth drivers Azure and ChatGPT will be in focus Nevertheless, Microsoft has a strong...
It’s been a tough environment for the Utilities Sector.The ETF Utilities Select Sector SPDR® Fund (NYSE:XLU) has underperformed for months and really stunk it up in recent...
Elon Musk's Tesla is set to announce earnings after market closes today Investors are eager to see how the EV maker's price cuts have affected company's earnings Based on how the stock has reacted to...
It hasn't been pretty, but it has been effective as both the Nasdaq and S&P have so far managed to defend the breakouts from their September lows. Although price has done the business,...
Despite a 26% dip, analysts on Wall Street believe there is upside in Instacart (NASDAQ:CART), citing the company's current valuation as attractive.Shares of Instacart fell more than 26% since their...
The LERI shows corporate uncertainty increasing to its highest level since the pandemic, in line with what bank CEOs have been sharing on Q3 calls This week 460 companies are expected to report...
Netflix's third-quarter 2023 results will be announced on Wednesday after the stock market closes The company has implemented a policy prohibiting the sharing of accounts outside the household Will...
Inflation, the Fed, interest rates, Russia/Ukraine war, Israeli/Hamas/Hezbollah war, Iran, China, North Korea, housing, earnings, oil, politics, bank instability, unemployment, US Dollar, etc.Did I...
The proposed legislation would see the Fair Work Commission set minimum standards for workers in the gig economy, like rideshare or food delivery drivers. Key points Fair work amendment would give...
Three strong buy stocks become more compelling after fake news.Bitcoin price spiked sharply mid-Monday, readying to break the $30k resistance. However, soon after having reached $29.4k, gains were...