The market is trying to put together a reversal on Friday, following a gap-down open after an ugly session on Thursday. That said, here’s a look at a few top stock trades for Monday. Top Stock Trades for Monday No. 1: Nasdaq ETF (QQQ) Of the major market ETFs, the PowerShares QQQ ETF (NASDAQ:QQQ) looks
Stock Market
Friday was another rough day for stocks as the tale of the tape below indicates, but some signs of hope emerged as stocks cobbled together some incremental momentum late in the day. Source: Charts Provided by Finviz The S&P 500 shed another 0.82% The Dow Jones Industrial Average dropped 1.39% The Nasdaq Composite inched up 0.01%
Man, it’s getting tough out there. The S&P 500 and PowerShares QQQ ETF (NASDAQ:QQQ) are down more than 15% from recent highs just seven trading sessions ago. Friday’s volatile session didn’t make it any easier in the stock market today. From peak to trough, the Dow shed 1,000+ points in Friday’s session, the third time
Some investors likely thought the worst was over midday Thursday. About halfway through the trading session, the S&P 500 was down just 0.7%, and had rallied almost 3% from morning lows. Source: Shutterstock It was not to be. The S&P reversed and closed at the lows. The index posted its worst one-day loss since August
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The markets were hammered in late-morning trading, bounced in midday trading and are fading in the afternoon. That said, here’s a look at a few top stock trades, as volatility remains high. Top Stock Trades for Tomorrow No. 1: S&P 500 ETF (SPY) Let’s look at the SPDR S&P 500 ETF (NYSEARCA:SPY), because it’s not
For a second straight day, investors tried to buy the dip in U.S. stocks. And for a second straight day, markets fell anyway. The NASDAQ Composite did close flat, but after opening in the green, both the S&P 500 and Dow Jones Industrial Average declined for a fifth consecutive session. Source: Shutterstock At least for
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Perhaps the best thing that can be said of the three marquee equity benchmarks today is that the trio did not reprise the glum performances notched on Monday and Tuesday. It would be difficult to call the price action on Wednesday a “comeback” or even a “rebound,” but it was undoubtedly less bad than what
Tuesday was another awful day for U.S. equities. The S&P 500 tacked on a 3.03% drop to Monday’s 3.35% decline. As was the case on Monday, every single one of the 30 Dow Jones components closed in the red. McDonald’s (NYSE:MCD), whose shares fell 0.67%, was the index’s best performer. Source: Shutterstock Wednesday’s big stock
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Stocks tried to bounce on Tuesday, but the effort was short-lived. That said, let’s look at a few top stock trades as we approach midweek. Top Stock Trades for Tomorrow No. 1: Alphabet (GOOGL) Shares of Alphabet (NASDAQ:GOOGL) were positive at one point on Tuesday, but the selling pressure eventually overwhelmed it. Still, it’s doing
There was nowhere to hide on Monday. Every sector in the S&P 500 declined. Every stock in the Dow Jones Industrial Average — all 30 of them — closed in the red. Verizon Communications (NYSE:VZ), with a 0.36% decline, was that index’s “best” performer. (UnitedHealth (NYSE:UNH) was the worst.) Source: Shutterstock The culprit broadly was
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It unwinds fast, doesn’t it? It takes so long for the markets to grind higher, then just a day or two to undo months of steady work. With the S&P 500 falling over 3.5% at one point, it was a tough Monday in the stock market today. The Nasdaq Composite shed over 4% at one point
U.S. stocks again look wobbly. A 1% sell-off in the S&P 500 and 1.8% decline in the Nasdaq Composite on Friday both represented the biggest declines since January. The market had shrugged off fears of the coronavirus, but as hopes of containment fade, investor sentiment may well be doing the same. Source: Shutterstock To be
For a while, it has felt as though U.S. equities have been immune to the Covid-19 outbreak. That thesis was dealt a blow Thursday. The major domestic benchmarks slumped as global investors grew pensive that the epidemic will weigh on earnings. Source: Provided by Finviz The S&P 500 slipped 0.38%. The Dow Jones Industrial Average
Tonight on Sunday Night Stock Charts Live we discuss the indicators which imply that we may be moving towards recession. ✅15 Minute Live-Stream Alert List! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they are resolved https://www.surveymonkey.com/r/HW3YH2W ✅Bob’s
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It was an interesting session in the stock market today. U.S. equities were moving higher in morning trade, as investors looked for another new all-time high in the S&P 500. Within less than a one-hour span though, equities fell off the table. Indices dropped by more than 1% in mid-day trading, with the drop thrusting
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