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Monday’s trading session was bullish, with the S&P 500 index gaining 1.03% and closing the highest since April 11. Last Friday, the index gained 1.3% following a 0.9% advance on Thursday....
Uber is set to report earnings tomorrow. Investors will be eying revenue figures alongside key metrics like bookings. Can the ride-sharing giant deliver? Invest like the big funds for under $9/month...
The upside momentum in the US stock market so far this year continues to be led by rallies in communications services and energy shares, based on a set of ETFs through Monday’s close (May 6)....
Rising rate cut hopes are fueling rallies in major indexes. Nasdaq 100 has broken above a key resistance. Meanwhile, S&P 500 is looking to break above a critical barrier. In 2024, invest like the...
Earnings season is winding down, with the Magnificent 7 tech giants mostly exceeding expectations. In this piece, we will analyze their performance and future outlook using InvestingPro. Meanwhile,...
The sector has an exciting outlook and expects revenues of 580 billion by 2027. Meanwhile, Puig, a luxury brand is set to debut in the stock market. Apart from the IPO, we will also take a look at 3...
While I was looking for zig-zag measured moves lower for the S&P 500, Nasdaq and Russell 2000 (IWM). All of these indexes did a good job of pushing out of bearish patterns and setting up for...
The market rallied over 1% on Friday on a much worse than expected jobs report. And, I had a financial television show on in the background after the close, and I heard the host state the following...
It gets almost no press, but with a lot of the mega-cap tech, consumer discretionary, and communication services stocks still not trading at all-time-highs, it’s interesting to note that just...
I have used monthly charts to determine support and resistance levels.Moreover, this timeframe is often the best indicator for either the end of a countermove or the start of a bigger megatrend. The...
Although the broader markets are witnessing some selling pressure from the last couple of sessions, these are the times to hunt for your favorite counters. In the beaten-down space, investors should...
As a trader or investor, the weekly chart is a great tool to get a big picture of any market or instrument. It helps to eliminate price fluctuations caused by fundamental releases and news, giving us...
First quarter earnings continued to come in better-than-expected last week, but it was the latest Federal Open Markets Committee (FOMC) meeting which led to a pop in markets in the second half of...
Stocks were advancing on Friday, fueled by Thursday’s earnings release from AAPL and the monthly jobs data that was released before the session opened. The S&P 500 index gained 1.26%...
Investing in the stock market can be akin to navigating a maze blindfolded. With a multitude of variables at play, determining the true worth of a company – its intrinsic value – becomes...