Stocks
Technology Rebounds as New Companies Rally In the Sector

Technology Rebounds as New Companies Rally In the Sector

Technology stocks are rebounding from a weak August as investors target a widening swath of companies like Intel and Western Digital. The S&P 500 rose 2.5 percent between Friday, August 25, and Friday, September 1. But technology stocks rallied 4.4 percent, their...

Chart of the Day: Tesla Could Be Accelerating

Chart of the Day: Tesla Could Be Accelerating

Tesla skidded lower after its last earnings report on July 19, but now the EV giant could be turning a corner. The first pattern on today's chart is the dive toward $212 on August 18. It was the lowest level in more than two months, but TSLA gapped back to the upside...

Market Sputters as U.S. Economy Surges and China Struggles

Market Sputters as U.S. Economy Surges and China Struggles

Stocks declined for a third week as investors grappled with a surging U.S. economy and spreading weakness in China. The S&P 500 slid 2.1 percent between Friday, August 11, and Friday, August 18. More than 90 percent of the index's members lost value, including...

Technical Analysis: Can Caterpillar Hold Its Gains?

Technical Analysis: Can Caterpillar Hold Its Gains?

Caterpillar has been leading a rally in industrial stocks, but now some traders may expect a pullback. Notice the gap to new record levels on August 1 after earnings beat estimates. CAT pushed to another high the following session but ... For more,...

Stocks Fall on U.S. Downgrade as a New Month Begins

Stocks Fall on U.S. Downgrade as a New Month Begins

Stocks began August to the downside as big earnings passed and Fitch Ratings downgraded the sovereign debt of the United States. The S&P 500 fell 2.3 percent between Friday, July 28, and Friday, August 4. It was the index's biggest decline since March, and its...

Chart of the Day: Alphabet Pulls Back After Earnings Rally

Chart of the Day: Alphabet Pulls Back After Earnings Rally

Alphabet jumped to a new 52-week high on strong results last week. Now it may be giving trend followers a potential opportunity. The first pattern on today’s chart is the bullish gap on July 26 after revenue beat estimates and its Cloud business surprised to the...

Stocks Keep Climbing: Has ‘Goldilocks’ Arrived?

Stocks Keep Climbing: Has ‘Goldilocks’ Arrived?

Stocks keep rising as lower inflation, accelerating growth and strong earnings create a potential "Goldilocks" scenario. The S&P 500 rose 1 between Friday, July 21, and Friday, July 28. It was the third straight weekly advance, placing the index at its highest...