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
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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
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
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’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
Even with the mid-day rebound, the market still started to the new week in the hole. The S&P 500 index fell 0.69% on Tuesday, remaining below a couple of key resistance levels while finding support at the 20-day moving average line. Source: Shutterstock Boeing (NYSE:BA) was a key part of the reason the broad market
After a three-day weekend, it appeared that investors didn’t quite have their sea legs ready for Tuesday’s action. Traders saw a lower open in the stock market today, followed by a larger decline into mid-day trading. However, equities were able to piece together a bounce off the lows as we approach a potentially critical spot
The tug-of-war continues. The bulls won Wednesday’s contest, sending the S&P 500 higher. The action marks the seventh straight trading day stocks have logged a reversal of the prior day’s action though, and the market remains squarely between major support and resistance levels. Source: Shutterstock Advanced Micro Devices (NASDAQ:AMD) carried more than its fair share
In Stock Market Tonight we discuss the spike higher in Bitcoin as well as the US Dollar. Each are signaling fear. Gold and Silver are holding up well in the face of a strong US Dollar which is bullishg.
U.S. stock futures are trading higher this morning. Daily turns in the trade war narrative continue to drive stock prices. Today’s boost is coming after China’s commerce ministry said they “firmly reject and escalation of the trade war.” Source: Shutterstock Heading into the open, futures on the Dow Jones Industrial Average are up 0.88%, and
How can you profit in the stock market with redcued risk and without owning any shares? In this video I will show you how we did it. I will also show you ar new trade that we are excited about and how you can do it as well.
With trade-war “hope” fueling gains on Wall Street, some investors are skeptical the rally will last. After all, hope tends not to be a very dependable strategy. Given the big gains in stocks, there were plenty of other big movers on the day. Here are our top stock trades to watch going forward. Top Stock
For the first time in over a week, the market moved the same direction two days in a row. The S&P 500 made a 1.27% gain on Thursday, though that still leaves it below the key 50-day moving average line. The volume behind the advance wasn’t exactly thrilling either. Source: Shutterstock Computer company Dell Technologies
The trade war this weekend has heated up again. We also discuss the stock market from a monthly chart view. Labor Day Discount Sale! Titanium Level 50% Off Annual Memberships – 12 Spots Remaining Full Access| Trade Alerts Included Use Discount Code T50 Silver Level 30% Off Annual Memberships – 9 Spots Remaining | Includes TrendSpider or TradingSim Use Discount
U.S. stock futures are looking up this morning pushing equity indexes back to the upper end of their volatile trading range. For the S&P 500, the $2,940 level has been a graveyard in the sky where rallies go to die. Today, we’ll see if buyers can finally push through it. Source: Shutterstock Ahead of the
Bulls wouldn’t go down without a fight, but they weren’t strong enough to keep the markets elevated heading into the long holiday weekend. Here are our top stock trades after a busy Friday. Top Stock Trades for Tomorrow #1: Campbell Soup Could the setup “be” any more perfect in Campbell Soup (NYSE:CPB) for earnings? Okay,
Fridays leading into holiday weekends, particularly the Friday prior to Labor Day, usually don’t generate much excitement on Wall Street and if there is, it’s usually a bad sign. So with that in mind, today’s results were nothing to be concerned about. Source: ymgerman / Shutterstock.com In fact, the results for this Friday, the last