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Below are major indexes which have either closed their gaps are are extremely close to doing so.Dow Jones Composite: Dow Jones Industrials: S&P 500:
After a week of dithering around, the bulls have finally grabbed the baton and are rushing down the track. At this point, it seems that the long-cited target of 3900 (more precisely, 3906) on the...
The plunge in Netflix share price has erased $220 billion in market cap As the business dynamics change, investors question the size of the total addressable streaming market Wall Street analysts...
Patience is the key to being a successful contrarian investor.We buy when fear is widespread. Bear markets are our friends. Let’s sit back and let the market’s valuations come down to...
American Express has sold off falling to a new 52-week low Amex shares are down 11.7% year-to-date and 29.3% below the record high AXP is a good value stock for the long-term investor amid ongoing...
Adaptive network solutions provider Ciena Corporation (NYSE:CIEN) stock has lost (-43%) in the 2022 bear market falling for 11 straight weeks. The optical fiber maker is instrumental in the deployment...
Despite putting in the groundwork for a swing low we are still not seeing a whole lot of demand for building a rally off the lows. There should be more upside in the tank, but once it reaches...
Stocks managed to rally yesterday during a strange trading session, with the S&P 500 finishing higher by 95 bps to close at 3,795. At this point, the movement we have seen in the market appears to...
Commercial stage global biotech company Zai Lab (NASDAQ:ZLAB) stock has cratered (-82%) from a 52-week high of $178.91. The biotech generates revenues from licensing established medications to market...
Darden Restaurants (NYSE:DRI) and the entire sit-down restaurant industry have had a hard time with the reopening recovery. Not only did stay-at-home trends and social distancing keep traffic away...
Steelcase (NYSE:SCS), a maker of office and industrial purpose furniture, has been struggling over the past few years but those times are changing. Postponed demand and a return to in-person...
Meta Platforms (NASDAQ:META) needs no introduction. It is the biggest social media company in the world with over 3.6 billion users on its family of platforms. This means nearly half the people on...
Stocks generally see significant movement days before the earnings announcement. Investors, both long and short-term, use this event to initiate fresh positions, as well as to make quick profits....
The compares that the large-cap banks and tech companies are still facing with Q2 ’22 financial results are still very formidable. Here’s a quick rundown of the large banks, and financials...
Good God. I hadn’t looked at the chart for Credit Suisse (NYSE:CS) in ages, but I guess that this is what ALL bank stocks would look like now if it weren’t for the infinite help...