Market Insights

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In Review
Once again, stocks hit resistance

Once again, stocks hit resistance

For the second week in a row, stocks advanced but stalled at a key level. This time it was the 50-day moving average, a seemingly magical level on the S&P 500 that everyone uses as a trend indicator. The index pushed above it on Tuesday, stayed there for the next...

Good, bad and ugly: Earnings this week

Good, bad and ugly: Earnings this week

It's the first big week of first-quarter earnings. Here are some big takeaways so far. Netflix (NFLX) is the flashiest name overall, spiking to new all time highs after adding 7.4 million subscribers in the first quarter. That's like signing up the entire Dallas-Fort...

Stocks advance but hit resistance

Stocks advance but hit resistance

So much for a breakout in the S&P 500. The index began last week on a strong foot, only to stall at the top of its range since mid-March. Sellers materialized each afternoon to prevent the index from closing at its highs. Without that resistance, the S&P 500...