We cannot begin the Daily without a mention of the glitch in the NYSE right out of the gate Tuesday morning. A wild stock-price swing occurred at the open and 84 stocks suddenly plunged or spiked, causing volatility triggers and...
After a 50% decline, you need to make a 100% return to break even.That is precisely what happened to the Communication Services sector. In August 2021, the Communications Services Select Sector SPDR fund (XLC) peaked at 85 and, from that...
© Reuters. Apple (AAPL) remains a top pick at Morgan Stanley, new Macs adding to PC market momentum By Sam Boughedda Apple (NASDAQ:) remains a top pick at Morgan Stanley, while Evercore ISI said Tuesday that new Macs are adding...
Semiconductors are getting a lot of love from Wall Street once again, with many stocks in the industry getting upgrades from analysts. No wonder many of the semiconductor stocks spiked higher. All you have to do is pull up a...
© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2022. REUTERS/Brendan McDermid By Stephen Culp NEW YORK (Reuters) - Wall Street surged on Monday, led higher by technology...
© Reuters. FILE PHOTO: The logo of Australian miner South32 can be seen at the venue of a media conference in Perth, Western Australia, November 18, 2015. REUTERS/David Gray/File Photo MELBOURNE (Reuters) - Australian diversified miner South32 (OTC:) Ltd on...
After the fall in stocks on 1/19/23, someone asked me if I was still bullish. And my answer was: "as long as the New York Stock Exchange Advance Decline line (NYAD) remains above its 200-day moving average, the bulls get the...
© Reuters. FILE PHOTO: Local union members of United Auto Workers (UAW) arrive at Starbuck Middle School to vote on CNH Industrial latest contract offer in Racine, Wisconsin US., January 7, 2023 REUTERS/Bianca Flowers/File Photo (Reuters) - Members of two...
Over the past couple of weeks, it is being categorically mentioned that so long as the NIFTY stays below the 18300 levels, it is likely to continue to consolidate in the present range. The index has created a very well-defined...
The S&P 500 index has been trending lower since its peak in January 2022, but this decline could be a long correction after a massive advance. The pattern taking shape and the retracement amount is typical for corrections. Today's article...
