Sectors
The Economy Is Showing Signs of a Rebound, With More Help From the Fed

The Economy Is Showing Signs of a Rebound, With More Help From the Fed

The economy is showing more signs of recovery, even as coronavirus cases rise in parts of the U.S. The New York Federal Reserve reported yesterday that its Empire State Manufacturing Survey was -0.2. That was much better than the -27.5 percent average forecast. It had...

Will Stocks Bounce at This Key Level After Last Week’s Hard Fall?

Will Stocks Bounce at This Key Level After Last Week’s Hard Fall?

Stocks fell hard last week. Now they may need to hold a key level. The S&P 500 declined 4.8 percent between Friday, June 5, and Friday, June 12. It was the biggest weekly drop since the market started rebounding from coronavirus in late-March. The index briefly...

Swift Rotation into Big Cap Tech, as Russell Support Nears

Swift Rotation into Big Cap Tech, as Russell Support Nears

Since the global financial crisis in 2008, the theme in the overall market has been drastic outperformance in large-cap technology stocks such as the “FANG” names- Facebook (FB), Amazon (AMZN), Netflix (NFLX), Google (GOOGL). The aforementioned names are members of...

The Fed May Take New Steps to End the Coronavirus Recession

The Fed May Take New Steps to End the Coronavirus Recession

The Federal Reserve may get creative as it looks to revive the economy from its worst crisis of the modern era. Central bank watchers expect interest-rate controls and increased asset purchases when new policies are announced tomorrow afternoon. The goal is to...

Stocks Nearly Erase Covid Losses as Economy Roars Back

Stocks Nearly Erase Covid Losses as Economy Roars Back

Strong economic data propelled stocks higher last week, nearly erasing the entire coronavirus decline. The S&P 500 surged 4.9 percent between Friday, May 29, and Friday, June 7. It was the third straight positive week, and the biggest gain since the beginning of...

Tesla Suddenly Has Competition in the Electric Car Space

Tesla Suddenly Has Competition in the Electric Car Space

Just like that, electric vehicles are emerging as a strong group in the stock market. Most readers know about Tesla (TSLA), which has more than doubled from its mid-March low. Some people have seen Nio (NIO), its smaller Chinese rival that's up 56 percent in the last...

FANG 2.0? A New Generation of Tech Stocks Is Breaking Out

FANG 2.0? A New Generation of Tech Stocks Is Breaking Out

The stock market has yet to recover from the coronavirus pandemic, but a new generation of technology stocks has already broken out. Software companies like Twilio (TWLO), Okta (OKTA) and Datadog (DDOG) hit new record highs last month. Service providers like Zoom...

Big Events and Key Movers to Watch as June Begins

Big Events and Key Movers to Watch as June Begins

Stocks are back above a key level, but will they stay there? The S&P 500 rose 3 percent in the holiday-shortened week between May 22 and May 29. The index also finished its second straight positive month and closed above the psychologically important 3,000 level....

These Were the Top Symbols on TradeStation in May as the Nasdaq Surged

These Were the Top Symbols on TradeStation in May as the Nasdaq Surged

The Nasdaq-100 rallied in May, and TradeStation clients played the move with several stocks and exchange-traded funds. Seven of the 10 most popular symbols on our platforms this month traded on the Nasdaq Stock Exchange or tracked its index. Some were new to the list....

Housing Shows Strength, Even With More Bad Economic News Today

Housing Shows Strength, Even With More Bad Economic News Today

More bad economic news is expected today, but the real story could a rebound in the housing market. Mortgage data for the last four weeks have shown strong demand for home buying. Refinancing normally dominates lending, but now they've swung sharply toward purchases....