What Drove the Nasdaq Past 20,000: Identifying Weaknesses in the Stock Market
What propelled the Nasdaq above 20,000 — plus, weak spots in the stock market Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: Tech stock strength on Wednesday pushed the Nasdaq up nearly […]
Three Stocks Set to Experience a Bullish ‘Golden Cross’ Pattern as We Approach 2025
Three stocks forming the bullish ‘Golden Cross’ pattern heading into 2025 A handful of stocks could see a rally ahead, according to a bullish price chart pattern closely watched by technical analysts. Disney and Cadence Design Systems are among the few companies that have recently formed or are about to signal the “golden cross” pattern […]
4 Key Factors We’re Monitoring in the Stock Market This Week
Here are 4 things we’re watching closely in the stock market this week It was a great — albeit short — trading week for the U.S. stock market. The S & P 500 added 1.06% on the week while the Nasdaq Composite advanced 1.13% and the Dow Jones Industrial Average rose 1.39%. These gains added […]
One Week Later: Trump Trades See Momentum Gains and Declines
One week later – Some Trump trades gain momentum and some are fading It’s a good time to check in on how the ‘Trump trade’ is doing. The stock market rallied to fresh records after Donald Trump was declared the next U.S. president, with investors betting that his vow to cut taxes and loosen regulation […]
Three Key Factors That Will Impact the Stock Market in This Critical Week of the Year
3 things will influence the stock market in the most consequential week of the year The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs. In a heavy week of tech earnings, the Nasdaq lost 1.5% and broke a seven-week winning streak. The […]
Earnings and Economic Reports: Key Drivers for the Stock Market This Week
14 earnings, economic data will be the stock market movers this week It was a wild week, with the bond market in the driver’s seat. Rising yields early on gave way to some moderation, and the Nasdaq hit an all-time high on Friday. The Nasdaq did not finish above its July record-high close of 18,647 […]
PBOC Press Conference; S&P Hits New Record; RBA Rate Decision Announced
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images Hong Kong’s Hang Seng index surged over 3% on Tuesday, led by consumer non-cyclical stocks and leading gains in Asia as Beijing announced a slew of policy easing measures in a rare briefing from central […]