The market didn’t end last week on a high note, but then again, it didn’t need to. Even with Friday’s 0.07% setback for the S&P 500, the index still mustered just a little less than a 1% advance for the five-day stretch. That makes a third winning week in a row. Source: Shutterstock Oversized Apple
It was another good day in the stock market today, as equities pushed higher in Friday morning trade. It’s not hard to see that bulls are getting tired though, as equities faded off their opening highs. The SPDR S&P 500 ETF (NYSEARCA:SPY) fell 0.1%, the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) rallied 0.1% and the
Stocks meandered for much of Friday despite some encouraging consumer data, which may not be surprising given that this week was mostly impressive for riskier assets. Source: Shutterstock In a report out earlier today, the University of Michigan’s initial reading of September consumer sentiment jumped to 92 from the three-year low of 89.8 last month.
Equities opened higher on Friday, but faded throughout the afternoon, with the S&P 500 finishing about flat on the day. After a very strong start to September, here’s a look at a few top stock trades going into next week. Top Stock Trades for Tomorrow #1: Ford Shares of Ford (NYSE:F) haven’t made much progress
U.S. stock futures are trading higher this morning and now sit a whisker from new records. Source: Shutterstock Ahead of the bell, futures on the Dow Jones Industrial Average are up 0.32%, and S&P 500 futures are higher by 0.22%. Nasdaq-100 futures have added 0.07%. In the options pits, calls continued their recent trend of
The market didn’t end yesterday’s session at its high, but the 0.29% gain the S&P 500 was able to hang onto still translates into the third-straight winner. The Dow Jones Industrial Average logged its seventh consecutive win, with both indices still buoyed by renewed hopes that trade ties with China are on the verge of
The SPDR S&P 500 (NYSEARCA:SPY) hit new all-time highs on Thursday. Who would have predicted that for the stock market today? Not many were looking for such a robust rally to take place over the past few trading sessions. But InvestorPlace readers were ready. They knew that the stock market was trading in a well-defined
The S&P 500 is flirting with new all-time highs. The recent rally has been fast, and some names have done better than others. Today’s top stock trades center around the banks. Top Stock Trades for Tomorrow #1: iShares TLT Bond ETF No one seems to care about the buybacks, dividends and low valuations from the
With the help of broad-based leadership, the major U.S. equity benchmarks rallied Wednesday amid a flurry of decent headlines. Today’s leadership came by way of the technology and healthcare sectors, the two largest sector weights in the S&P 500, with some contributions from the defensive, high-yielding utilities group. Source: Shutterstock President Donald Trump took to
It was another positive day on Wall Street, with stocks closing near their highs on Wednesday. Again, small-cap stocks stole the show in the stock market today. All week, we’ve been pointing out the outperformance of the Russell 2000. That strength was on display as the iShares Russell 2000 ETF (NYSEARCA:IWM) closed higher by 2%.
Last week’s bullishness continues to fade away, with the S&P 500 ending yesterday’s action up a nearly immeasurable 0.03%. And, that gain only took shape in the last few minutes of the day’s trading action. Source: Shutterstock Disney (NYSE:DIS) and Netflix (NASDAQ:NFLX) were the proverbial problem children, albeit for understandable reasons. The former fell while
Tuesday marked another interesting day in U.S. equities. Investors saw good, bad and ugly in the stock market today, with assets mixed for the second straight session. Worth noting in this case though, the stark differences weren’t as notable as Monday’s session. Again though, we saw small caps outperform via the iShares Russell 2000 ETF
The bulls tried to revive the rally from last week as the new trading week began, but no dice. The S&P 500 essentially broke even on Monday, as investors remain on the fence about the true strength of the global economy. Source: Shutterstock Twilio (NYSE:TWLO) held the broad market back more than any other name,
Stocks struggled to find direction as traders took profits in some names that bounced higher last week with growth fare. Technology names got pinched today, but Monday’s performances by the broader benchmarks were not too bad, nor where they impressive. Source: rafapress / Shutterstock.com Monday was a lethargic day, reminiscent of many during the summer
Despite the release of the August jobs report on Friday, it was relatively calm waters in the stock market today. We saw that the SPDR S&P 500 ETF (NYSEARCA:SPY), SPDR Dow Jones Industrial Average (NYSEARCA:DIA) and PowerShares QQQ ETF (NASDAQ:QQQ) were all within 25 basis points of flat for the day. Movers in the Stock
Stocks traded modestly higher to close the week, supported by comments from Federal Reserve Chairman Jerome Powell following a disappointing August jobs report. Source: Shutterstock Before the open of U.S. markets Friday, the Labor Department said the U.S. economy had added 130,000 new jobs last month, well shy of economists’ average forecast of around 160,000
It was a modest day in the stock market Friday, with U.S. equities rising slightly despite a jobs report that came up short of expectations. Here are our top stock trades from Friday. Top Stock Trades for Tomorrow #1: Zoom Video Shares of Zoom Video (NASDAQ:ZM) started off higher on the day, but quickly reversed
U.S. stock futures are trading higher this morning in a continuation of Thursday’s powerful breakout. With equities finally busting outside of last month’s range, the stage is set for a resumption of the market’s long-term uptrend. Source: Shutterstock Ahead of the bell, futures on the Dow Jones Industrial Average are up 0.35%, and S&P 500
Alphabet (NASDAQ:GOOGL) was built on Google, a free search service that now allows anyone to find anything from anywhere. Google stock has been a reliable investment for a while, but things are changing. Source: rvlsoft / Shutterstock.com Google is the greatest miracle of the 21st century. So why is Alphabet doing everything it can to
It’s anything but the ideal bullish thrust, as we’ve now seen two consecutive bullish gaps left behind … gaps the bears may try to fill in with a pullback. Nevertheless, yesterday’s 1.3% advance has prodded the S&P 500 index above some major technical resistance. Source: Shutterstock Nvidia (NASDAQ:NVDA) set the pace, and then some, rallying
U.S. stocks have put together an impressive couple of days, with the S&P 500 rallying over 3% from this week’s lows. While the action has been solid, Thursday marked the turning point. In the stock market today, we saw a bevy of buyers, with major U.S. indices hitting their highest levels in more than a
It feels like markets have been inching toward this point for some time. The point I’m referring to is some constructive commentary regarding trade between the U.S. and China, the world’s two largest economies. Source: aapsky / Shutterstock.com News hit the wires last night that representatives of the two nations will meet in Washington, D.C.
It’s been a rough few months for cannabis stocks, to say the least. This type of volatility however is to be expected in an emerging growth industry, meaning that I am looking for select buying opportunities when the selling gets severe. To wit, shares of Canopy Growth (NYSE:CGC) have reached an important confluence area of technical
Headline risk has been confounding global equity markets over the past several months, but there was some relief on that front Wednesday. Stocks rallied, buoyed by some geopolitical relief. Source: Pavel Ignatov / Shutterstock.com In Hong Kong, leader Carrie Lam withdrew the controversial extradition plan that served as the tipping point of pro-democracy protests that