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Stocks
Can Stocks Rebound From The Longest Losing Streak Since 2020?

Can Stocks Rebound From The Longest Losing Streak Since 2020?

Negativity is plaguing the stock market as investors brace for today's Federal Reserve meeting. The S&P 500 fell 2 percent in October, returning to price levels from mid-May. The index has declined for three straight months, its longest losing streak since the...

Chart of the Day: Netflix Consolidates After Earnings Surge

Chart of the Day: Netflix Consolidates After Earnings Surge

Netflix jumped earlier this month after announcing results. It's now consolidating, and some traders may see potential for more upside. The first pattern on today's chart is the bullish gap on October 19 following the quarterly report. Prices cleared a peak of $394.90...

Earnings Have Been Decent, But the Market Has Other Worries

Earnings Have Been Decent, But the Market Has Other Worries

Earnings season is off to a decent start as key themes like Artificial Intelligence boost technology results. But other issues are weighing on the market. Microsoft (MSFT), Amazon.com (AMZN), Alphabet (GOOGL) and Meta Platforms (META) all beat estimates. But they...

Chart of the Day: CrowdStrike Pulls Back

Chart of the Day: CrowdStrike Pulls Back

CrowdStrike has been making new 52-week highs as the broader market languishes. Now after a quick pullback, some traders may look for the cybersecurity stock to continue higher. The first pattern on today’s chart is the bullish gap on August 31 after results and...

Higher Rates, Geopolitical Risks Keep Stocks Under Pressure

Higher Rates, Geopolitical Risks Keep Stocks Under Pressure

Stocks face continued pressure as interest rates rise and geopolitical risks mount. The S&P 500 fell 2.4 percent between Friday, October 13, and Friday, October 20. The index ended the week at its lowest level since June 1, erasing all its gains since Congress...

Oil’s Fundamentals Could Be Weakening After a Big Surge

Oil’s Fundamentals Could Be Weakening After a Big Surge

Energy stocks and crude oil were among the market's best performers in the third quarter, but fundamentals may be weakening. The sector started climbing in late June as Energy Department data showed crude-oil inventories remaining near long-term lows. The Strategic...

Stocks Try to Bounce as Yields Fall But Global Risks Increase

Stocks Try to Bounce as Yields Fall But Global Risks Increase

Stocks are trying to bounce as investors weigh potential positives against rising global risks. The S&P 500 rose 0.4 percent between Friday, October 6, and Friday, October 13. It was the index's second straight positive week as the fourth quarter gets underway....

Stocks Rebounded Last Week as Investors Put Rate Fears Behind Them

Stocks Rebounded Last Week as Investors Put Rate Fears Behind Them

Stocks clawed higher last week as investors stopped worrying about high interest rates. The S&P 500 rose 0.5 percent between Friday, September 29, and Friday, October 6. At one point the index was down 1.7 percent, but it rallied sharply on Friday after...

Higher Rates Just Gave Stocks Their Worst Month of The Year

Higher Rates Just Gave Stocks Their Worst Month of The Year

Stocks pulled back hard in September as interest rates and oil prices soared. The S&P 500 dropped 4.9 percent last month, its biggest decline since December 2022. About 85 percent of the index's members lost value. Similar to August, energy was the only positive...