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Stocks Roar Back as Earnings Break a Negativity Bubble in the Market

Stocks Roar Back as Earnings Break a Negativity Bubble in the Market

Stocks rebounded sharply last week as investors rushed back to the market following a month of extreme pessimism. The S&P 500 rose 1.8 percent between Friday, October 8, and Friday, October 15. It was the index's biggest weekly gain in almost three months. The...

This Food Delivery Stock Has Pulled Back: Chart of the Day

This Food Delivery Stock Has Pulled Back: Chart of the Day

DoorDash has fought its way higher since the spring on signs of widening adoption. Now the delivery company may be presenting an opportunity after a pullback. Two important things appear on the chart this week. First, DASH tested and held ... For more,...

Technical Analysis: Wall Street Giant Attempts a Breakout

Technical Analysis: Wall Street Giant Attempts a Breakout

Goldman Sachs hit a new high late in the summer. Now after a healthy pullback, it may be ready to keep moving. The first pattern on today’s chart is the falling trendline that began on August 30. GS tried to break that resistance twice last month. It was rejected both...

Apple Stuns as the IPhone Upgrade Cycle Takes Hold: Earnings This Week

Apple Stuns as the IPhone Upgrade Cycle Takes Hold: Earnings This Week

Apple led a busy week of earnings by crushing estimates as users clambered for new iPhones. Most other companies also had strong results -- especially chip makers and industrials. The tech giant generated $65.6 billion of revenue from iPhones last quarter, up 21...

Trains Good, Planes Bad: Transports and Traveling After Coronavirus

Trains Good, Planes Bad: Transports and Traveling After Coronavirus

As the economy staggers back from coronavirus, a split is appearing in the world of transportation. Railroads are thriving and air travel is struggling. Consider these two points from yesterday: The Association of American Railroads reported that train traffic...

GameStop Has Overtaken Tesla on Google Finance

GameStop Has Overtaken Tesla on Google Finance

GameStop's epic short squeeze is a stunning example of how quickly markets can change. A big example of this appeared on Google Trends. This screenshot compares interest in GameStop (GME) and Tesla (TSLA) on Google Finance over the last seven days. A week ago, GME had...

Fubo Could Be Emerging as the Next Sports Betting Stock

Fubo Could Be Emerging as the Next Sports Betting Stock

Two big sports betting stocks emerged last year. Now a third may be joining the club: Fubo TV. Activity has surged in the streaming-video company lately. As this chart shows, average stock volume has increased from less than 5 million shares a day to over 21 million....

Tesla Is Falling Behind as FANG Stocks Begin to Report Quarterly Results

Tesla Is Falling Behind as FANG Stocks Begin to Report Quarterly Results

Stocks broke out to new highs last week, but something changed. For the first time in months, Tesla didn't lead the charge. Traditional Nasdaq companies like Netflix (NFLX), Alphabet (GOOGL) and Apple (AAPL) outperformed the electric-car maker by a wide margin. The...

Tesla’s Incredible Strength Is Spreading Across the Automotive Sector

Tesla’s Incredible Strength Is Spreading Across the Automotive Sector

The success of electric-vehicle makers like Tesla and Nio is spreading bullishness across the entire automotive sector. The DJ Automobile Manufacturers Index ($DJUSAU) has gained 88 percent in the last three months. That's the biggest gain of more than 150 industry...