What a difference a day makes. So much for Tuesday's relief rally in banks. The banking contagion continued with Credit Suisse's fallout, which brought the banking fiasco to a global level. The domino effect was felt in the banking sector once again and continued into Thursday,... READ MORE
The stock market has been struggling the last few days, losing all gains made earlier this month (March). It's almost as if there's a tug of war between investors and the news. In the last couple of months, it was between investors and the Fed, but... READ MORE
February, according to the Stock Trader's Almanac 2023, tends to be a weak month, especially in pre-election years. Now that February is behind us, does it mean the worst is over? Not necessarily. Each year comes with unique scenarios and challenges; this year, all else being equal, a... READ MORE
When the stock market can't decide which way it will go, investors have difficulty making decisions. But it doesn't have to be that way. You can up your investing game plan by following this road map. CHARTWATCHERS KEY POINTS * Looking at different asset types helps to... READ MORE
The US consumer price index (CPI) came in slightly higher than expected; the market's been pretty chill about it so far. But will that change? Inflation may be eating into your bank account, but you can stop it from taking a chunk out of your portfolio returns. Since... READ MORE
Disney reported Q1 FY23 earnings on Wednesday, February 8, 2023, after the close. The company beat earnings per share and revenue estimates, and total Disney+ subscriptions were higher than expected. Successive peaks and dips in rapid order may be thrilling for most roller coaster enthusiasts, but, on Wall Street, not... READ MORE
SNAP's got a new game plan up its sleeve and, depending on how well it fits, it may make or break the stock. After flat or disappointing earnings reports for most of 2022, mainly due to weak social media ad revenues, SNAP stock has suffered. The stock'... READ MORE
Three big bellwether stocks announced earnings on the same day, after the close, and they all missed estimates. Does this mean the Technology sector or the broader market will head lower? Not necessarily. From a technical perspective, ahead of earnings, the charts of Alphabet (GOOGL), Amazon (AMZN), and Apple (AAPL)... READ MORE
Gain insight into the Fed's interest rate decision and explore how you can strategize your trades in the future. CHARTWATCHERS KEY POINTS * The Fed raises interest rates by 25 basis points (0.25 percentage points). * Stock markets closed higher after hearing Chairman Powell's comments. * Monitoring sector... READ MORE
"As the S&P 500 goes in January, so goes the year." If you're a Stock Trader's Almanac reader, you'll be familiar with this adage. According to the Almanac, since 1950, this seasonal indicator has registered 12 major errors. That'... READ MORE
When concerns of a recession are front and center, investors tend to pay more attention to the Gross Domestic Product (GDP) report. The Q4 2022 GDP report showed the U.S. economy grew by 2.9% in the quarter, and Wall Street wasn't disappointed. The day the report... READ MORE
Semiconductors are getting a lot of love from Wall Street once again, with many stocks in the industry getting upgrades from analysts. No wonder many of the semiconductor stocks spiked higher. All you have to do is pull up a chart of the iShares Semiconductor ETF (SOXX) and you'... READ MORE
If you've logged into your Facebook account recently, you may have noticed a bunch of targeted reels. No, it's not TikTok. This just shows that Meta Platforms (META), parent company of Facebook, is rolling up its sleeves and getting aggressive in the advertising space. META has... READ MORE
Uncertain about where the stock market's headed? You should be, after a tumultuous 2022. Read on to hear what three experts think the 2023 investment landscape will look like. More importantly, get ready to take advantage of new trading and investing opportunities. Forecasting the stock market is like... READ MORE
The December consumer price index (CPI) was welcome news for the stock market. Headline and core CPI numbers came in line with expectations. Headline CPI year-over-year is up 6.5% and core CPI is up 5.7%. Even though the softening inflation number was probably already priced into the market,... READ MORE
If you've been too focused on how much the high-flying tech stocks have brought down the value of your portfolio, you may not have noticed that value stocks that have been sidelined are showing signs of a turnaround. This isn't unusual; in an economically uncertain environment,... READ MORE
After a pretty dismal stock performance in 2022, investors are looking forward to some signs of optimism in the first trading week of the new year. Alas, the first two days didn't bring much hope. Fed minutes indicate that inflation is still high, and that means more interest... READ MORE
As the year ends, it's time to think about your New Year's resolutions. But how can you make them last longer than a few weeks? Here's one approach traders and investors can try. The ball has dropped, the champagne has popped, and you'... READ MORE
Warning! Inclement weather at the North Pole might impact Santa's trip to Wall Street. As the end of the year approaches, you're likely to hear the term 'Santa Claus rally" come up often. But what exactly is it, and how can traders and investors... READ MORE
What will the stock market look like in 2023? It's hard to tell, but these five charts could elevate your market awareness by a few notches. Forecasting stock price movement is never easy, not even for the most experienced stock investor. As an investor or trader, the closest... READ MORE
You've probably heard of the January effect—that is, when small-cap stocks show strong performance during the first trading month of the year. But don't let it throw you off; it doesn't necessarily mean you'll see the action in January. According to... READ MORE
As 2022 comes to a close, it's time to start thinking about next year's investment and trading roadmap. It happens every year, and this year is no different. The end of the year, among other things, is a time for reflection and thinking about the following... READ MORE
Smaller rate hikes were music to investors' ears. After two down days that looked like it could have stretched to three, the markets pulled a quick reversal and came roaring back after Fed Chairman Powell's speech at the Brookings Institution. If you were following the markets on... READ MORE
A year or so ago, the thought of investing in coal companies may not have crossed your mind. Yet coal stocks seem to be playing a part in leading the Energy sector higher, at least for the short term. One chart that looks particularly interesting today is Peabody Energy Corp.... READ MORE
The higher lows in the S&P 500 Index are giving investors and traders some hope. Will the gains continue? We're heading into the Thanksgiving holiday with a somewhat positive outlook from the stock markets. After a challenging year, with the markets reaching their all-time highs in... READ MORE
Hey Chartwatchers! Have you ever thought about how dividends may impact the price of your dividend-paying stocks or funds? Dividends are like the cherry on the cake. They give you a little extra money for investing in a company. Not all stocks pay dividends, but for those that do, there... READ MORE
Read or listen to any financial media outlet and you're likely to hear the words "inverted yield curve." What does that mean and, more importantly, what does it mean for your investments? The shape of the yield curve may not have made the top of your... READ MORE
The economy may be slowing, but the cash registers keep on scanning. October retail sales were up 1.3%—a sign people are shopping and spending money. The increase in retail sales may not have been evident in Target's (TGT) earnings, but TJX Companies (TJX) saw its stock... READ MORE
Wash, rinse, repeat. We're seeing a scenario very similar to what we saw last Thursday, when the Consumer Price Index data was released. Today's Producer Price Index (PPI) also showed signs that inflation may be cooling. The softer-than-expected October PPI number was news that may further... READ MORE
After hitting a high of around $176 in November 2021, the e-commerce platform Shopify, Inc. (SHOP) saw its stock price fall to a low of $23.63 within the span of a year. During the COVID-19 pandemic, SHOP attracted a lot of sellers, since many transitioned to offering their goods... READ MORE
The Consumer Price Index (CPI) report for October 2022 suggested that inflation could be cooling. This was welcome news for the stock market, given that the CPI has been steadily rising since December 2020. October CPI rose 0.4%, below the expected 0.6%, which brings the year-over-year increase to... READ MORE
When it comes to Wall Street, is it more about who controls Congress, or about erasing the uncertainty attached to the midterm election results? The uncertainty is still lingering since the midterm election results are still undecided as of this morning. Regardless of whether there's a sweep or... READ MORE
Tech stocks, once the favorite among investors, seem to be losing some of their bling. Since the middle of earnings season, investors seem to be shifting towards the more non-glamorous materials and industrial stocks. Take a quick view of charts of the three broader indexes—Dow Jones Industrial Average ($INDU)... READ MORE
The Bureau of Labor Statistics released its October jobs report today. The number of jobs added was higher than the consensus forecasts. Key Points of October Jobs Report * Non-farm payrolls rose by 261,000 in October, higher than the 200,000 economists expected. * Average hourly earnings were up 0.4%... READ MORE
Between 2012 and 2015, Gilead Sciences (GILD) enjoyed a nice rally. Since then, the stock has been through a rough patch. But its third-quarter 2022 earnings and revenue may be the spark the stock needed to bring it back to life. GILD beat estimates when the company reported after the... READ MORE
The Fed may have raised interest rates by 75 basis points, but what's more important is the Fed's tone. Is it still hawkish, or did it shift to a more neutral stance? A 75-basis point rate hike was already baked in, so today's decision... READ MORE