Stock Market Analysis

Since stocks bottomed last October, the rally has been led by the technology sector. And tech indices like the Nasdaq 100 and Nasdaq Composite have posted solid gains. For an even better indication of...

The S&P 500 has rallied to new 2023 highs amid debt ceiling optimism. I used the InvestingPro stock screener to search for undervalued stocks that analysts are still bullish on and have potential...

Q1 earnings season is drawing to a close for the retail sector on a slightly positive note. Despite the massive disappointment in retail sales reported earlier this week, the majority of the...

Could massive monetary support have softened the deep bear market many expected? It is an interesting question. Particularly given the Fed has hiked rates at one of the most aggressive paces in...

If you missed the morning or were waiting for confirmation, well the S&P 500 delivered a solid breakout yesterday, albeit on modest volume. The development came with a MACD trigger 'buy' and...

Ten days ago, we found using the Elliott Wave Principle (EWP) for the S&P 500 (SPX): “The preferred path is looking for possibly a bit higher early in the week, ideally around SPX4155+/-5...

Home Depot's Q1 2023 sales and net profit declined compared to last year due to adverse weather conditions and lower lumber prices. Investors remained confident in Home Depot despite the lower...

Growth stocks have made a remarkable comeback this year. The S&P 500 Growth ETF is up +12% YTD, outperforming the broader S&P 500 index. Using the InvestingPro stock screener, we'll identify...

Following a disappointing earnings report from Home Depot (NYSE:HD) on Tuesday, which analysts said was widely expected, investors were concerned that Target (NYSE:TGT) would also feel the heat from a...

Walmart will announce Q1 2023 results tomorrow. The chain continues to boast low product prices even in the face of high inflation. The company's stock price remains in an uptrend, with a rally toward...

The Nasdaq Composite has outperformed the S&P 500 and the Dow Jones Industrial Average by a wide margin thus far in 2023. High-growth tech stocks have come back in favor following last...

May 15 was the last day for institutional money managers with at least $100 million in assets under management (AUM) to submit the 13F form for the quarter that ended on March 31. The form is used to...

Institutional investors increased equity exposure in Q1 2023 Warren Buffett’s Berkshire Hathaway bought shares in Capital One, Bank of America, and Citigroup, while selling...

Enel is popular stock in Italy with a market cap of $67B. The multinational energy company operates in electricity and gas sectors across Europe and Latin America. Mixed performance, high debt, and...